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How to use or fill out the OREA Form 101.pdf online
This guide provides clear and structured instructions for completing the OREA Form 101, specifically designed for condominium resale agreements in Ontario. Whether you are new to this process or have some experience, this guide will help you navigate the form with confidence.
Follow the steps to successfully complete the form.
- Press the ‘Get Form’ button to download the form and open it in your document editor.
- Fill out the details of the buyer in the designated section, including full legal names. This information is crucial for legal identification.
- Input the seller's full legal names in the respective section, ensuring accuracy to avoid future complications.
- Specify the property details, including the unit number, level, condominium plan number, and parking spaces if applicable.
- Enter the purchase price in the indicated field, making sure to denote the currency as Canadian dollars.
- Indicate the deposit amount and state whether it is submitted herewith or upon acceptance, specifying the type of payment.
- Complete Schedule A with any additional clauses relevant to the agreement, including details of chattels included, fixtures excluded, and rental items.
- Fill in the common expenses and any specific parking or locker arrangements, capturing all pertinent financial responsibilities.
- Set the irrevocability period during which the offer cannot be withdrawn, ensuring clarity on deadlines.
- Complete all necessary sections regarding notices, completion dates, and legal clauses as stipulated in the agreement.
- After filling out all sections, review the entire form for accuracy and completeness.
- Once satisfied with the entries, save your changes, and utilize the options to download, print, or share the form as needed.
Complete your forms online today for a seamless and efficient process.
OREA Form 100, also known as the Agreement of Purchase and Sale, is a standard contract in Ottawa real estate transactions. This legally binding document outlines the terms and conditions related to the sale of a property.
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