- Legal Description:includes the lot, block and plan of the property (not to be confused with Municipal Address)
*** Unattached Goods(Inclusions): items in a home that might be considered part of the home (examples might include appliances or storage sheds) that the seller will include in the sale.
- Exclusions: items in a home that might be considered part of the home that the seller WILL NOT include in the sale (example might include matching drapes/curtains in a bedroom)
- Possession: the date that the buyers will pay to the seller the agreed upon purchase price and then will take over the property.
- Real Property Report (RPR): previously known as a land survey, this could be described as a ‘drawing’ or ‘map’ of the land with the structures on it (including house, garage, deck, sidewalks, drive ways and fencing).
- Title: Includes the name of any person(s) as registered owners to the property in question, as well as some of the following:
- Encumbrances: A claim (as a lien) against a property or more specifically, an interest or right (as an easement or a lease) in real property that may diminish the value of the estate, but does not prevent the conveyance of the estate. Encumbrances can include mortgages, leases, easements, or restrictions.
- Liens: A legal claim against a mortgaged property which must be paid when the property is sold, or a secured debt: A debt that is secured by a lien on debtor's property that may be taken by the creditor in case of non-payment by the debtor.(A common example is a mortgage loan.)
- Encroachments: A structure, fence, or another object that illegally extends onto another person's property. Such encroachments might also impede the use of the property by the property owner.
- Right of Way: A private Right of Way typically gives one land owner the right to use another's property, usually a road of some kind, to get to and from her land. This right is usually given in the form of a deed, much like a deed to property.
- Dower: Applicable to married couples only. Married couples must take additional steps when only one name has been registered on title.
*** you must write these items into the contract if you want them