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Get Tarion Freehold Form 2020-2024

Freehold Form Tentative Closing Date Property Statement of Critical Dates Delayed Closing Warranty This Statement of Critical Dates forms part of the Addendum to which it is attached which in turn forms part of the agreement of purchase and sale between the Vendor and the Purchaser relating to the Property. The Vendor must complete all blanks set out below. Both the Vendor and Purchaser must sign this page. NOTE TO HOME BUYERS Please visit Tarion s website www. tarion.com for important information about all of Tarion s warranties including the Delayed Closing Warranty the Pre-Delivery Inspection and other matters of interest to new home buyers. B upon i subject to paragraph 1 c receipt by the Vendor of confirmation that sales of homes in the Freehold Project have exceeded a specified threshold by a specified date satisfactory to the Vendor has been arranged by a specified date iii receipt of Approval from an Approving Authority for a basement walkout and/or iv confirmation by the Vendor that it is satisfied the Purchaser has the financial resources to complete the transaction. c the following requirements apply with respect to the conditions set out in subparagraph 1 b i or 1 b ii iii the date for satisfaction of the condition cannot be later than 9 months following signing of the purchase iv until the condition is satisfied or waived all monies paid by the Purchaser to the Vendor including deposit s and monies for upgrades and extras A shall be held in trust by the Vendor s lawyer pursuant to a deposit trust agreement executed in advance in the form specified by Tarion Warranty Corporation which form is available for inspection at the offices of Tarion Warranty Corporation during normal business hours or secured by other security acceptable to Tarion and arranged in writing with Tarion or B failing compliance with the requirement set out in clause A above shall be deemed to be held in trust by the Vendor for the Purchaser on the same terms as are set out in the form of deposit trust agreement described in clause A above. Freehold Form Tentative Closing Date Property Statement of Critical Dates Delayed Closing Warranty This Statement of Critical Dates forms part of the Addendum to which it is attached which in turn forms part of the agreement of purchase and sale between the Vendor and the Purchaser relating to the Property. The Vendor must complete all blanks set out below. Both the Vendor and Purchaser must sign this page. NOTE TO HOME BUYERS Please visit Tarion s website www. tarion*com for important information about all of Tarion s warranties including the Delayed Closing Warranty the Pre-Delivery Inspection and other matters of interest to new home buyers. You can also obtain a copy of the Homeowner Information Package which is strongly recommended as essential reading for all home buyers. The website features a calculator which will assist you in confirming the various Critical Dates related to the Closing of your purchase. VENDOR Full Name s PURCHASER 1. Critical Dates The First Tentative Closing Date which is the date that the Vendor anticipates the home will be completed and ready to move in is the day of 20.

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