HomeMy WebLinkAbout07 332 Campbell Ave (1697193 Ontario Ltd) Property Sale By-law
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2007 - 332
BEING A BY-LAW TO AUTHORIZE THE SALE OF PROPERTY TO
1697193 ONTARIO LTD.
(Campbell Ave, Municipality of Kincardine, [geographic Town of
Kincardine] County of Bruce)
WHEREAS Section 270 (1) of the Municipal Act, 2001, S.O. 2001, c. 25, as
amended, provides that a municipality shall adopt and maintain policies with
respect to the sale and other disposition of land;
AND WHEREAS the Municipality of Kincardine, on September 17, 2003 passed
By-law No. 2003-133, being a by-law to establish procedures regarding the sale
of real property;
AND WHEREAS pursuant to the said Municipal Act, Section 8 (1) and 9 provide
that the powers of a municipality under this or any other Act shall be interpreted
broadly so as 10 confer broad authority on the municipality to enable the
municipality to govern its affairs as it considers appropriate and to enhance the
municipality's ability to respond to municipal issues and has the capacity, rights,
powers and privileges of a natural person for the purpose of exercising its
authority under this or any other Act;
AND WHEREAS the Municipality of Kincardine has declared surplus to its needs
that property described as Part 1, Plan 3R84-38, Part of Campbell Ave, RP 151,
Municipality of Kincardine [geographic Town of Kincardine], County of Bruce;
AND WHEREAS an appraisal was completed by the Municipality of Kincardine
on January 30, 2007;
AND WHEREAS the Council of the Corporation of the Municipality of Kincardine
deems it advisable to dispose of the aforementioned property;
AND WHEREAS 1697193 Ontario LId. has submitted an offer to purchase the
aforementioned property in the amount of $18,000.00;
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1.
That the Mayor and CAO be authorized and directed to execute such
documents, on behalf of The Corporation of the Municipality of Kincardine,
as they may deem advisable to convey that property described as Part 1,
Plan 3R84-38, Part of Campbell Ave, RP 151, Municipality of Kincardine
[geographic Town of Kincardine], County of Bruce to 1697193 Ontario
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Campbell Ave (1697193 Ontario LId.) Property Sale By-law
By-Law No. 2007 - 332
2.
The sale price for the said property shall be Eighteen thousand dollars
($18,000.00).
3. That this transaction is subject to the conditions set out in the Agreement
of Purchase and Sale attached hereto as Schedule "g and that fifty
percent (50%) of the net proceeds from this sale shall be credited to the
Kincardine Economic Development Fund and fifty percent (50%) of the net
proceeds from this sale shall be credited to the Municipality of Kincardine
Capital Reserve Fund.
4. That this by-law shall come into full force and effect upon its final passage.
5. This By-law may be cited as the "Campbell Ave (1697193 Ontario LId.)
Property Sale By-law".
READ a FIRST and SECOND TIME this 17th, day of October, 2007
~ '1\'b..f)'Oo!1Q
Clerk
READ a THIRD TIME and FINALLY PASSED this 17th, day of October, 2007.
~ ~~oo
Clerk
This is Schedule" 2:f" to By-Law
No. ~;; passed the I-=rf"day
of 200'T1:l<--;~
'.....100
U.leinthe~n!Oflo
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MEA!.;t~ Agreement of Purchase and Sale
This Agreement of Purchase and Sale doted this....)~~........................ day of ...A~~~.................................. 20.~?....
BUYER,.. ..!.~??~.?~. QJ?;~~. ~~:. ..... .... 'W;jlnegofnames'of onu~~r ....... ..... .................... ..... ....... 0' agrees to purchase from
SEWR,... f:'?rpg~!~~gK~~.~~f~~p.~J~~uw.t~ff~~JalfSelreiSl'" ..... ............... ..... ..... .... ... ........ ..... ..... ..., the following
REAL PROPERTY:
Address...~.~~.~H.A-Y~:.............................................................................. fronting on the ...~<?~..................... side
of..~~p.~.C?H.!'!:-y.~:........................ in the .!~.~~...............~~~~~~......................................................................
and having a frontage of .~~~.~~"h~~.~C?:'~:':............... more or less by a depth of ......................................... more or less
and legally described as .~~}.t ~~~ }~:~:1:~.~? R~.<?r~~p.~~.l.l. ~::C?:~.~} ?~.'.~!~?~~~~. [M~!~iJ?~E!Y. .~r~~?~~~.....
.l C::?HH!l' .?.t.ll!'!".e.... 'icegol'd;;;:;;";o;'on~;d';;;iI,";;g';o;;m;",,;;oi'd;;;";bOd.I;.;.;;h;;;;I"" .................... ........ .~roperty"J/JD
PURCHASE PRICE: Dollars ICDN$J)~.........:.....,.,.........V
DEPOSIT: Buyer submits ..................iH~~;;.jjhiU~~.;.:~Pi~.~~/~;.cih~~;.d~~~ri~d.i.~.th.i~.Ag~;.;.~rrtj"'.........3".;..C.. .. ....... .. &+n-
.9.".". TI!?".!!W!1................. ............ ........................................ ........... ........... Dollors (CDN$).1..9.9.9.,9.9... .......................
by negotiable cheque payable to..~.~~~?~~.I~.~!................................................................. "Deposit Holder"
to be held in trust pending completion or other Iermination of this Agreement and to be credited toward the Purchase Price on completion.
For the purposes of this Agreement, "Upon Acceptance" sholl mean that the Buyer is required to deliver the deposit to the
Deposit Holder within 24 hours of the acceptance of this Agreement. The parties to this Agreement hereby acknowledge that,
unless otherwise provided for in this Agreement, the Deposit Holder shall place the deposit in trust in the Deposit Holder's
non-interest bearing Real Estate Trust Account and no interest shall be earned, received or paid on the deposit.
Buyer agrees to pay the balance as more particularly set out in Schedule A attached.
SCHEDULE(S) A..,\'<i.llr'...........................................................altached hereto form(s) part of this Agreement.
1. IRREVOCABIUTY: This Offer shall be irrevocable by ..~~~.(SeflerlBUye~i............... until ..?:.~!?.............. p.m. on Q4
~;.;~~b;..~~li.~~d.~~;~j"~~"\h~f d~:-n~~b~;~j;,~~;;dk;.ih~ii~~?~tli;;;;;h~~;n%:~ time, if not occep3;thi'L
2. COMPI!TION DATE: This Agreement sholl be completed by no later than 6:00 p.m. on the ...~..:~l:',j::.......~oy
of ..g~~~.~~............................., 2o.R?.... . Upon completion, vacant possession of the property shall be given to the
Buyer unless otherwise provided for in this Agreement.
3. NOTICES: SeUer hereby appoints the listing Brokerage as Agent for the purpose of giving and receiving notices pursuant
to this Agreement. Only if the Co~operating Brokerage represents the interests of the Buyer in this
transactionl the Buyer hereby appoints the Co-operating Brokerage as Aqent for the purpose of giving and receiving
notices pursuant to this Agreement. Any notice relating hereto or provided for herein shall be in writing. This offer, any
counter offer, notice of acceptance thereof, or any notice shall be deemed given and received, when hand delivered to
the address for service provided in the Acknowledgement below or where a facsimile number is provided herein, when
transmitted electronically to that facsimile number.
FAX No. .................................. (For delivery of notices to Seller) . .?~.?::~~~?~?Qh...........1Fordeliveryol notices BuyerJ
INITIALS OF BUYER(S):
m Cl2007 Ontario JhoI EstatoAssociolion. Do not oller when printing or ~roduci
INITIALS OF SEILER(S):
form 100 2007
4. CHATTELS INCWDED,
N/A
5. FIXTURES EXCLUDED,
N/A
6. RENTAL ITEMS: The following equipment is rented and not included in the Purchase Price. The Buyer agrees to assume
the rental contract(s}, if assumable: . ~!.f!.. ........... ..... .,....... ..... ..... ......... ...... ..... ..... ............... ..... ..... ............. ..... ........
7. GST: If this transaction is subject to Goods and Services Tax (G.S.T.), then such tax shall ..g\f~~n>~~'(;ddit{';;ltOr""
the Purchase Price. If this transaction is not subject to G.S.T., Seller agrees to certi 0 or before dosing, thot the
transaction is nof subject to G.S.T. S'">.)
8. nTLE SEARCH: Buyershall be allowed until 6:00 p.m. an the .~..?4:~:..... dOyoL. . R..!'!:......................, 20~7....,
(Requisition Date) to examine the title to the Property at Buyer's own expense and until the earlier of: (i) thirty days from
the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived
or; Iii) five days prior to completion, to satisfy Buyer that there are no outstanding work orders or deficiency notices
affecting the Property, and that its present use (.y~~~tJ;'~t.....................................................................................)
may be lawfully continued and that the principal building may be insured against risk of fire. Seller hereby consents to the
municipality or other governmental agencies releasing to Buyer details of all outstanding work orders affecting the property,
and Seller agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.
9. FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future intended
use of the property by Buyer is or will be lawful except as may be specifically provided for in this Agreement.
10. TilL!: Provided that the title to the property is good and free from 011 registered restrictions, charges, liens, and
encumbrances except os otherwise specificalfy/rovided in this Agreement and save and except for (0) any registered
restrictions or covenants that run with the Ion providing that such are complied with; (b) any registered municipal
agreements and registered agreements with publicly regulated utilities providing such have been complied with, or
security has been posted to ensure compliance and completion, as evidenced by a letter from the relevant municipality
or regulated utility; (c) any minor easements for the supply of domestic utility or telephone services to the property or
adjacent properties; and [d) any easements for drainage, storm or sanitary sewers, public utility lines, telephone lines,
cable television lines or other services which do not materially affect the present use of the property. If within the specified
times referred to in paragraph 8 any valid objection to title or to any outstanding work order or deficiency notice, or to
the fact the said present use may not lawfully be continued, or that the principal ouilding may not be insured against risk
of fire is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insurance
save and except against risk of fire in favour of the Buyer and any mortgagee, (with all related costs at the expense of
the Seller I' and which Buyer will nof waive, this Agreement notwithstanding any intermediate acts or negotiations in
respect 0 such objections, shall be at an end and 011 monies paid shall be returned without interesf or deduction and
Seller, listing Brokerage and Co-operating Brokerage shaH not be liable for any costs or damages. Save as to any valid
objection so made by such day and except for any obiection going to the root of the title, Buyer shall be conclusively
deemed to have accepted Seller's title to the property.
11. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of
Purchase and Sale of the Property, and where the transaction will be completed by electronic registration pursuant to
Part III of the land Registration Reform Act, R.S.O. 1990, Chapter LA and the Electronic Registration Act, S.O. 1991,
Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing
funds, non-registrable documents and other items (the "Requisite Deliveries") and the release thereof to tlie Seller and
Buyer will{al not occur at the same time os the registration of the transfer/deed (and any other documents intended to
be registered in connection with the completion of this transaction) and [b) be subject to conditions whereby the lawyer(s)
receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance
with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct
the said la~rs to be bound by the document registration agreement which is recommended from time to time by the
Law Society of Upper Canada. Unless otherwise agreed to by the lawyers, such exchange of the Requisite Deliveries will
occur in the applicable land Titles Off;ce or such other loutable to both lawyers.
INITIALS OF BUYER(S), ~ INITIALS OF SEIJ.ER(S), ~
III 0 2007 Ontario Real Ella.. ~iafion. Do not olter when printing or reproducing tho .landcml p__ porJIon. Form 100 2007 Page 2 of 5
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12. DOCUMENTS AND DISCHARGE: Buyer sholl not call for the production of any title deed, abstract, survey or other
evidence of title to the property except such as are in the possession or control of Seller. If requested by Buyer, Seller will deliver
any sketch or survey of the property within Seller's control to Buyer os soon as possible and prior to the Requisition Date. If a
discharge of any Charge/Mortgage held by 0 corporation incorporated pursuant to the Trust And loon Companies Act
(Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire or Insurance Company and which is not to be
assumed by Buyer on completion, is nof available in registrable form on completion, Buyer agrees to accept Seller1s Iawyerls
personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same
to be registered, on title within a reasonable period of time after completion, provided that on or before completion Seller
shall provide 10 Buyer a mortgage statement prepared by the mortgagee selling out the balance required 10 obtain the
discharge, and, where a rea~time electronic cleared funds transfer system is not being used, a direction executed by Seller
directing payment 10 the mortgagee of the amount required 10 obtain the discharge out of the balance due on completion.
13. INSPECTION: Buyer acknowledges havins had the opportunity to inspect the property and understands that upon
acceptance of this Offer there sholl be 0 binding agreement of purchase and sole between Buyer and Seller. The Buyer
acknowledges having the opportunity to include a requirement for a property inspection report in this
A!i1!reement and ~rees that except as may be specifICally provided for in this Apreement, the Buyer
will not be obtaining a property Inspection or property inspection repor1 regarding the property.
14. INSURANCE: All buildings on the property and 011 other things being purchased sholl be and remain until completion
at the risk of Seller. Pending completion, Seller sholl hold all insurance policies, if any, and the proceeds thereof in trust
for the parties os their interests may appear and in the event of substantial damage, Buyer may either terminate this
Agreement and hove all monies paid returned without interest or deduction or else take the proceeds of any insurance
and complete the purchase. No insurance shall be transferred on completion. If Seller is taking back 0
Charge/Mortgage, or Buyer is assuming a Charge/Mortgage, Buyer shall supply Seller with reasonable evidence of
adequate insurance to protect Seller's or other mortgagee1s interest on completion.
15. PLANNING ACT: This Agreement shall be effective to create an interest in the property only if Seller complies with the
subdivision control provisions of the Planning Act by completion and Seller covenants to proceed diligently at his expense
to obtain any necessary consent by completion.
16. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the land Transfer Tax Affidavit, be prepared in
registrable form at the expense of Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the
expense of the Buyer. If requested ~ Buyer, Seller covenants that tne Transfer/Deed 10 be delivered on completion shall
contain the statements contemplate by Section 50(22) of the Planning Act, R.S.O.1990.
17. RESIDENCY: Buyer sholl be credited towards the Purchase Price with the amount, if any, necessary for Buyer to pay to
the Minister of Notional Revenue to satisfy Buyer1s liability in respect of tax payable by Seller under the non-residency
provisions of the Income Tax Act by reason of this sole. Buyer shall not claim such credit if Seller delivers on completion
the prescribed certificate or a statulory declaration that Seller is not then 0 non-resident of Canada.
18. ADJUSTMENTS: Any rents, mortgage interest, realty taxes including local improvement rates and un metered public or
private utility charges and unmetered cost of fuel, as applicable, shall be apportioned and allowed 10 the day of
completion, the day of completion itself to be apportioned to Buyer.
19. TIME UMITS: Time sholl in 011 respects be of the essence hereof provided that the time for doing or completing of any
matter provided for herein may be extended or abridged ~ an agreement in writing signed by Seller and Buyer or bY
their respective lawyers who may be specifically authorize in that regard.
20. TENDER: Any tender of documents or money hereunder may be mode upon Seller or Buyer or their respective lawyers
on the day set for completion. Money may be tendered by bank draft or cheque certified by a Chartered Bank, Trust
Company, Province of Ontario Savings Office, Credit Union or Caisse Populaire.
21. FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the
Family law Act, R.S.O.1990 unless Seller1s spouse has executed the consent hereinafter provided.
22. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the property, Seller has not caused
any building on the property to be insulatea with insulation containing ureaformaldehyde, and ttiat 10 the best of Seller's
knowledge no building on the property contains or has ever contained insulation that contains ureaformaldehyde. This
warranty shall survive and not merge on the completion of this transaction,and if the building is part of a multiple unit
building, this warranty sholl only apply fa that part of the building which is the subject of this transaction.
23. CONSUMER REPORTS: The Buyer is hereby notified that a cansumer ~t containing credit and/or
personal information may be referred to in connection with this transaction.
24. AGREEMENT IN WRmNG: If there is conflict or discrepancy between any provision added to this Agreement (including
any Schedule attached hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede
the standard pre-sel provision to the extent of such conflict or discrepancy. This Agreement including any Schedule attached
hereto, shall constitute the entire Agreement between Buyer and Seller. There is no representation, warranty, collateral agreement
or condition, which affects this Agreement other than as expre herein. For the purposes of this Agreement, Seller means
vendor and Buyer means purchaser. This Agreement sholl be d ith II changes of gender or number required by~the context
INITIALS OF BUYER(S): INmALS OF SEUER(S): 0
IJlc2007OnkwioReal&Il:de~IaHDlI.Donolallel'whenprinlingor..produc thestondardpre-setportlon. Fonn 100 2007 3of5
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25. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned ore
bound by the terms herein.
:~Z".~:z&.~'".~~":'cl IN WITNESSwh "Ofl~t;lt:"."d'! DATEfk(~J~/o7
{Witness)..................................................................... (Buyerj ........h..h............................ 1') DATE...................................
1, the Undersigned Seller, agree to the above Offer. I hereby irrevocably instruct my lawyer to pay directly to the Listing
Brokerage the unpaid balance of the commission together with applicable Goods and Services Tax (and any other taxes as
may hereafter be applicable), from the proceeds of the sole prior to any payment to the undersigned on completion, as
advised by the Listing Brokerage to my lawyer.
IN WITNESS whereof I hove hereunto set my hand and seal:
js.J~~~o~~M~lClpal1iY.............. !I DATE....~.J.Q.t9.1...
iWl~i................................................ .................... (5eIie;.j....Ofiiiic;u.dine...........................................! DATE..A.L.........h........
SPOUSAL CONSENT: The Undersigned Spouse of the Seller hereby consents to the disposition evidenced herein pursuant
to the provisions of the Family law Act, R.S.O. 1 990, and hereby agrees with the Buyer that he/she will execute all necessary
or incidental documents to give full force and effect to the sale evidenced herein.
iWrtile$sj..................................................................... jsp;;,;;,r..................................................................... !) DATE...................................
CONFlRMAnON OF ACCEPI'ANCE: Notwithstanding anything contained herein 10 the conm ,I confirm this Agreement with all
changes bath fyped and written was finol~occepted by 011 porties at./:l:tSJ!... a.me this ."2 f-f::h.:.....p/......daY
af..........lju6.(l5.L.uuu........u......, 20uQJ.. r' . 'jEfff;;!{/u...uu
INFORMATION ON BROKERAGE(5}
:~~:"Of
Listing Brokerage........... ....... ....... ............... ............
Co<>p/Buyer Brokerage.................................. ..................................................................................... TeI.No......................................................
ACKNOWLEDGEME
I acknowledge receipt of my signed copy of this attepted Agreement of lock
Purchase and Sole and I aUthorize the Agent to forward a copy to my lawyer. Purcha a
...~o~.tomiitiiiiidpiimy........ DATE.~}o.101
ise1i€.rj.....ofKiiicariliiie...................................... DATE......................
......DATE.........
Address for Service...............................................................................
..........................................................1eI.No........................................
Seller's L.awyer......................................................................................
Address................. .............................................................................
Address for $ervice...............................................................................
........................................................TeI.No..........................................
Buyer's lawyer......................................................................................
Address...............................................................................................
....................i'~I:N;;:...............
..............w.N;;:....................
..................."tei:N,;:......................... .............. .......FAX.i,lei:..........
FOR OFFICE USE ONLY COMMISSION TRUST AGRIEMENT
To: Co-ope;ofing Brokerage .hown on the foregoing Agreement of Purchase and Sale: REIMAX LAND EXCHANGE L m Brokerage [KIN]
In consideration for thll Co-opemling Brokemg<l procuring full foregoing Agl'llllfllent of Purchasa ond Sal... I hemb)- doclaf'EI that all morlll'fS received or receivob!e by me in conood'ion with
the Transaction as c:onlllmp[aiad in 1l111M!.S@ Rulooand ~ukmons DI my Real EstalllBoem:l shall be recllivable and hdd in trust. ThisagreernElnl sholl constiMlla Commission TrustAgreemoot
as dlllined in the MlS@RU!ooandshan be subjllCt to andgllVElmed by too Ml.S@Rulllsplll1ainingtoCommissionTrust.
DAJED asolthlldatll ond titl'\Et of the oa:eptonce 01 the for<>going Ag,eemEmt 01 PUrchasll and Sale.
Acknowledged by:
~';;;'bi;.d"~'Li~ii~'g"~~g~j..............m..........
'{A~;;J';':;'b'i~;rih~'C;;;p;;;;,ii;;g-ii;';'k~j""
m @2OO70n10rlo Real ~AHociallon. Do nOl alter when prinling or reproducing the $landa'" pra1e1 portion.
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2007
Page 4 of 5
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RooIEs/ole
Association
Schedule A
Agreement of Purchase and Sale
Fonn 100
for uoe iothe Province of Ontario
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This Schedule is attached to and forms part of the Agreement of Purchase and SaJe between:
BUYER,....~.9~!~.~.~.9.1?t.~f~~.~~~:........................................................................................................................, and
SELLER,....~?I]J.'?!:~~~~~.9~0~.M~l};is~p.?;l!W.~f.~9.I,1~?~<.l.1!:l~............................................................................................
for the purchase and sale of . ..~?;f.I:lp'~!,:I.~ .~Y.f!:............. '................. ..... ...........................................................................
.~~~~~~~~~.~....................................... dated the ..J9~............................... day of ....1-~~~L..................{ 2o.9.?..... .
Buyer agrees to pay the balance as follows:
The Buyer agrees to pay the balance of the purchase price, subject to adjustments, by bank draft or by certified cheque, to
the Seller on the completion of this transaction.
The Buyer and Seller acknowledge thatJeffR. Scott is a Principal of 1697193 Ontario Ltd. named as Buyer in this
agreement and hereby discloses that he is a Registered Real Estate Salesperson under the Real Estate and Business
Broker's Act.
The Buyer and Seller agree that a true copy or fax copy of the original accepted Agreement of Purchase and Sale be
accepted as a true copy.
The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment and
properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the
Buyer or Seller, or any Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the
property.
The Buyer and Seller acknowledge that they have been advised that they may seek outside professional advice such as
lawyers, home inspectors, surveyors, accountants, insurance agents or brokers, mortgage consultants prior to signing this
offer.
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This form must be initialed by 011 parties to the Agreement of P
INITIALS OF BUYER(S):
m, @20070ntarioReal Estate A$sociation. Do not alter when prinring Or reprodu .
INITIALS OF SELLER(S):
Fo""," 100 2007
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Registrant's Statement as Buyer
Form 620
!Qt",einth"Prcvi",eofOntorjo
This statement is made in accordance with the requirements of the Real Estate and Business Brokers
Act and Code of Ethics Regulations of the Province of Ontario.
JEFF R. SCOTT
1______._._._.._..____........_...................................................
[No~.olR.g....a"'1
.........dedcre that I om
c registotred Real E5tate_..?~!~~P.~E.~~,'.1;,.,....,...."....... 'epreumrin9.RWMM...~A.NP...~..xG.tI.A.~.G~.~IP..~.~.9.~~~(lg~J.I5INl......
IBro.e'oge/Bro<e,/SaIe'P'I"""1 [Nome 01 g,o\:.e<a.g.)
in connection with 0 propos.&d Offer to Purchase/Leose/Exchonge/Oplion your Properly known o~...G(l.'P:p.~.~H..Ay~.'.... ................
Plea$e be odviwd thaI, i/the propo:.ed Offer is accepted, I will be either directly Or indirectly acquiring on inlerest in YO<.lr Property
NOTE;
Ifrhe RegiSlronl's interest is indirecl, exploinrhe nollJreoflhe intereslinoccordoncewirhrhedefinilionofo "ReloledPerwn", o.defined in
lheCode.,!Erhi<:s Regulolionsol Ihe Reol Eslole ond Busine>> Brokers Ad.
EXPLANATION
I hereby dedore IMI the following is 0 full disclosure 01 aU facts wirhin my knowl$dge rhot offect or will offecllhe value of YO<.lr Property;
(AlmcloAppo<>d...A.if~
AND
I hereby declare thotlhe lolk,wing is 0 full disclosure 01 rhe porhculors of ony ogreement by, or on behollol myself lor the sole, exchonge, option or om.... dispmmon
oFony interest in your Property to onyolher person:
(A1IIXhAppor><l...S.,j_....,ryj
1....~:jJ!..J:l.?~............
jwilVwikl>O!j
n of ony commission payable in connect,on with tnis lTansocnon.
1$;g;;.c,i,jf..0I";;.;g,ifia;;lw!;o.ii..oo~i;,9.m.;.~lOfa!io;;f
.......................................................,
IS'gnaru", 01 flroke, 01 Re",ml/M.an"ll'" ofBmI<e
DATE
ACKNOWLEDGEMENT
I/We,theundersigned, osSeller{s) in thistronsoclion hove reodond clearly underllond this stotemen tondoc;knowiedgelhisdole having received 0 copy of same,
PRlO~~:E~WMCHAS~:E:N~'ON.................................. DATE....~I..J.O.l'O.'J.
{IN'''',,,,I ISeIl,,~ .---.r.' 0
DATE
{IN,m""1
IS"II.'I
ka. OR~A Standard Farm: Da not alter when printing or reproducing the stendard pre-set portion.
Form 620 04/2006 Po
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