Agreement of
Purchase and Sale Review

Agreement of Purchase and Sale Review

At Rubinoff Law, we recognize that the agreement of purchase and sale is one of the most critical documents in any real estate transaction. Whether you’re buying or selling property in Toronto, the Greater Toronto Area (GTA), or anywhere in Ontario, our firm provides expert legal services to ensure that your agreement is thorough, fair, and protective of your interests. Our team of seasoned legal professionals is committed to guiding you through every aspect of this essential document, ensuring a smooth and successful transaction.

Understanding the Agreement of Purchase and Sale

The agreement of purchase and sale (APS) is a legally binding contract between the buyer and the seller of a property. It outlines the terms and conditions of the transaction, including the purchase price, closing date, deposit details, conditions, and other essential elements. Given its complexity and significance, it is crucial to have a thorough review of this document to avoid potential pitfalls and ensure that your rights are protected.

Expertise and Experience

Rubinoff Law brings extensive experience in reviewing agreements of purchase and sale for a wide range of real estate transactions, including residential, commercial, and industrial properties. Our team understands the intricacies of Ontario real estate law and is adept at identifying and addressing potential issues that could affect your transaction.

Comprehensive Review Process

Our review process at Rubinoff Law is meticulous and thorough. We examine every clause and condition in the agreement to ensure that it aligns with your expectations and interests. Our review includes:

Purchase Price and Deposit

We verify that the purchase price and deposit terms are clearly stated and that they reflect the agreed-upon amounts. We also ensure that the deposit is held in trust and is refundable under appropriate conditions.

Closing Date and Conditions

We review the closing date and any conditions precedent, such as financing, inspection, and sale of the buyer’s property. We ensure that these conditions are reasonable and achievable within the specified timeframes.

Property Description and Inclusion

We ensure that the property is accurately described and that all inclusions and exclusions (e.g., appliances, fixtures) are clearly listed to avoid any misunderstandings.

Title and Zoning Issues

We examine any clauses related to the property’s title and zoning to ensure that there are no encumbrances, liens, or zoning violations that could impact your use and enjoyment of the property.

Risk Representations and Warranties

We review the representations and warranties made by both parties to ensure they are fair and comprehensive. This includes verifying that the seller has the right to sell the property and that there are no undisclosed defects or issues.

Risk Mitigation Clauses

We identify and assess any risk mitigation clauses, such as indemnity provisions and limitations of liability, to ensure that your risks are minimized.

Termination and Default Provisions

We analyze the termination and default provisions to ensure that they are fair and provide adequate protection in case of breach by either party.

Personalized Legal Advice

At Rubinoff Law, we understand that each real estate transaction is unique. Our approach is to provide personalized legal advice tailored to your specific needs and circumstances. We take the time to discuss your goals, answer your questions, and provide strategic guidance that aligns with your interests. Whether you are a first-time homebuyer, a seasoned investor, or a commercial entity, we are here to support you every step of the way.

Ongoing Support

Our commitment to our clients extends beyond the initial review of the agreement of purchase and sale. We offer ongoing support to address any issues or questions that may arise throughout the transaction process and after the deal is closed. Our team is always available to provide legal guidance and ensure that your rights and interests are protected.

Why Choose Rubinoff Law?

Choosing Rubinoff Law means partnering with a firm that prioritizes your success and satisfaction. Our reputation for excellence in real estate law is built on our deep legal knowledge, extensive experience, and proactive approach to problem-solving. We are proud to serve clients in Toronto, the GTA, and across Ontario, delivering high-quality legal services that make a difference.