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Deed Of Assignment Of Land
"I need a Deed of Assignment of Land for transferring a commercial warehouse property in Ontario, with existing tenants who will remain after the transfer, and the deed must include specific environmental warranties due to the property's previous industrial use."
1. Parties: Identifies and provides full legal names and addresses of the Assignor (current owner) and Assignee (new owner)
2. Background: Recitals explaining the current ownership, reason for transfer, and any relevant background information
3. Definitions: Defines key terms used throughout the deed including Property, Completion Date, and other relevant terms
4. Property Details: Detailed legal description of the land being transferred, including boundaries, title number, and registered interests
5. Consideration: States the amount paid or other consideration given for the transfer of the property
6. Assignment: The operative clause that actually transfers the property from Assignor to Assignee
7. Assignor's Covenants: Warranties and representations by the Assignor regarding title, encumbrances, and right to transfer
8. Title Guarantee: Specifies the extent of title guarantee provided by the Assignor
9. Execution Requirements: Formal requirements for valid execution including witnessing and attestation
10. Governing Law: Specifies that the deed is governed by Canadian law and relevant provincial legislation
1. Environmental Warranties: Additional warranties regarding environmental condition of the property, used when there are environmental concerns
2. Indigenous Rights: Acknowledgments and provisions regarding First Nations rights, used when property may affect Indigenous lands
3. Spousal Consent: Consent of spouse for transfer of matrimonial home, required under Family Law Act when applicable
4. Planning Permissions: Declarations regarding planning permissions and compliance, used when development restrictions exist
5. Existing Tenancies: Details of any existing tenancies affecting the property, used when property is subject to leases
6. GST/HST Declaration: Tax declarations and elections, used when transaction is subject to GST/HST
7. Mortgages and Charges: Provisions dealing with existing mortgages, used when property is encumbered
1. Schedule A - Property Description: Detailed legal description of the property including lot numbers, plan references, and easements
2. Schedule B - Title Documents: List of all title documents and registered interests affecting the property
3. Schedule C - Permitted Encumbrances: List of encumbrances that will continue after transfer
4. Schedule D - Transfer Tax Calculations: Detailed calculation of applicable land transfer taxes
5. Appendix 1 - Property Plans: Survey plans and property maps
6. Appendix 2 - Environmental Reports: Any environmental assessments or reports (if applicable)
7. Appendix 3 - Planning Documents: Relevant planning permissions and certificates
Authors
Real Estate
Property Development
Construction
Agriculture
Commercial Property
Residential Property
Mining
Forestry
Infrastructure
Retail
Industrial
Hospitality
Legal
Real Estate
Property Management
Compliance
Land Development
Investment
Operations
Administration
Risk Management
Corporate Services
Real Estate Lawyer
Property Manager
Land Surveyor
Real Estate Agent
Property Developer
Legal Counsel
Conveyancing Clerk
Title Examiner
Land Registry Officer
Real Estate Investment Manager
Property Administrator
Compliance Officer
Real Estate Portfolio Manager
Land Development Manager
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