Notice of Fulfillment and a Waiver

Do you perceive any particular difference in the meaning of these two documents? They are both used to firm up a deal. What about the central vacuum that didn’t work …

Fixtures Clause in the Agreement of Purchase and Sale

The “Fixtures” clause in the standard form OREA Agreement of Purchase and Sale (2016 version) reads as follows: 5. FIXTURES EXCLUDED:……………………………………………………………………………………… Fixtures are part of the real estate. They don’t …

Chattels Clause in the Agreement

One of the clauses that often gives rise to issues in the Agreement of Purchase and Sale, is the Chattels clause. Set out below is the standard form OREA chattels …

Central Vacuum System in Disrepair

Question: An Agreement of Purchase and Sale contains the following warranty: “all chattels and fixtures shall be in good working order of the  closing date” A Professional Home Inspector delivers …