The offer to purchase is an extremely important document in the negotiations that would lead to the acquisition of a new land.
It is a contract whereby the purchaser agrees to purchase and in return, the seller, who accepts the offer to purchase, undertakes to sell under the conditions established therein.
The offer to purchase therefore binds both parties.
The non-compliance with the offer to purchase may have serious legal consequences for the party who refuses to comply with such a contract; if:
The seller refuses to execute the offer to purchase, the purchaser may require the court to force the seller to sell with the conditions specified in the offer to purchase;
If the purchaser does not want to perform his obligation anymore, the seller may apply to the court for damages due to the suffered disturbances.
Although the offer to purchase for a vacant land, available on this website, is a comprehensive document that will normally meet your needs, we also offer, as an option, a review or legal support service.
For an offer to purchase whereof conditions are more complex, we invite you to contact .
Summary of clauses available for the preparation of your offer to purchase.
Identification of the parties
Subject matter of the offer to purchase
Conditions of the offer to purchase (series of optional conditions, some of which are subject to an additional fee):
Assumption of existing obligations
Balance of sale price ($)
Privilege of continuing to offer the property for sale ($)
Acceptance conditional upon the cancellation of another previously accepted offer ($)
Waiver of right of first refusal ($)
Analysis of the soil bearing capacity
Environmental Analysis ($)
Zoning verification ($)
Rezoning or obtaining permits and licences ($)
Soil test prior to the construction of a septic system
Declarations and obligations of the seller
Declarations and obligations of the purchaser
Arrangements for the transfer of ownership and taking possession
Election of domicile
Terms of acceptance and signatures
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