EXCLUSIVE SELLER REPRESENTATION AGREEMENT COUNTRY RESIDENTIAL PROPERTY SCHEDULE (For Use in Common Law and Designated Agency Brokerages) 1.
THE PROPERTY The property legally described as: Plan: Block/Unit: Subdivision Name: W. of ____ Meridian
Range:
or Condominium Plan:
Lot:
Acres:
Plan:
Unit Number:
Township:
Section:
Unit:
Unit factor:
2.
GST NOTICE It is your responsibility to get expert advice. We are not experts in the area of GST and do not offer any advice on whether GST applies to this sale.
3.
REAL PROPERTY REPORT You must provide us with a real property report showing the current state of improvements on the property according to the Alberta Land Surveyors’ Manual of Standard Practice, with evidence of municipal compliance or non-conformance, within 10 days of signing this agreement, unless the property is a conventional condominium.
4.
DOCUMENTS AND INFORMATION We need more information to sell your property. You must give us all documents and information listed below within 10 days of signing this agreement. (a) Information: (i)
Utilities, connections & equipment (i.e. charges for electrical service, water, roads and natural gas or other fuel service) are fully paid for and are not amortized
(ii)
Utility contracts for utility service providers are to be assumed by the Buyer. T Yes
(iii) (iv) (v) (vi) (vii) (viii)
(ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi)
T Yes
T Amortized Balance owing $________________________ T No Priority # _____________________________ Water rights included with property? T Yes T No T Not applicable Access to property: T publicly owned T privately owned with access by agreement Are there any surface rights contracts? T Yes T No T Not applicable Are there any easements registered against the property title? T Yes T No T gas line T power line T pipeline T well T other ________________________________________________________________ Are there any existing lease agreements? T Yes T No Natural Gas available to the property TYes T No Cellular coverage, broadband internet coverage T Yes T No Electrical service available onto the property? T Yes T No Cable service available onto the property? T Yes T No Fuel supply: T natural gas T propane/LPG T none T electric T other_________________________________________________________________ Septic system: T T holding tank (size: gal) T none T other (describe)_________________________________________________________ Water supply: T drilled well T cistern (size: gal) T municipal T community coop T other name____________________________________________________________ Telephone line paid?
Water rights registered?
T Yes T Yes
T No T No
(xvii) You are providing the following well/water reports: fee____________________________________________________ – bacterial analysis – chemical analysis – driller’s report
T Yes (date _______________________) T Yes (date ______________________ ) T Yes (date _____________________ ) T Yes (date ______________________ )
Seller’s Initials ____________
T No T No T No T No
Brokerage Representative’s Initials ____________
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This form was developed by the Alberta Real Estate Association (AREA) for the use of its members only. Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
WEBForms ® Feb/2014
Exclusive Seller Representation Agreement - Country Residential Property Schedule
(xx) Any other relevant details _____________________________________________________________________________________________ (b) Condominium: If your property is a condominium, the following documents are also necessary: (i)
a copy of the registered condominium plan
(ii)
a copy of the current bylaws of the corporation
statements (iv)
a copy of the current budget of the corporation
(v)
a statement setting out the amount of the monthly contribution (condominium fee) and the basis on which that amount was determined
(vi)
a copy of the most recent available minutes of the Annual General Meeting
(vii) a copy of the minutes of meetings of the Board of Directors of the corporation for the past 12 months (ix)
a copy of any lease agreement or exclusive use agreement with respect to the possession of a portion of the common property, including a parking stall or storage space
(x)
the particulars of, or a copy of, any subsisting management agreement
(xi)
the particulars of, or a copy of, any subsisting recreational agreement
(xii) the amount of any homeowner association fee ! " of the buildings that are included in the condominium plan (xiv) a statement setting out (i) the amount of the capital replacement reserve fund, (ii) a copy of the most recent reserve fund report and (iii) a copy of the most recent reserve fund plan (xv) the particulars of any post tensioned cables located anywhere on or within the property (xvi) a statement setting out the amount of any contributions due and payable in respect of a unit (xvii) the particulars of any action commenced against the corporation and served on the corporation ! % ' (xix) the particulars of any written demand made on the corporation for an amount in excess of $5,000 that, if not met, may result in an action being brought against the corporation.
Please Note: Your failure to provide the information and documents can result in complications with the completion of the sale, including legal or financial penalties to you or rescission of the purchase contract.
This form was developed by the Alberta Real Estate Association (AREA) for the use of its members only. Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).