Document background
A Sale Deed is the primary legal instrument used in Canadian real estate transactions to transfer property ownership from one party to another. This document is essential when completing any real estate sale transaction, whether residential, commercial, or industrial. The deed must comply with provincial legislation and land registry requirements, which can vary by province but generally include specific formatting, content, and execution requirements. A properly drafted Sale Deed includes precise property descriptions, party information, consideration details, and various warranties and covenants. It serves multiple purposes: documenting the transfer of ownership, protecting both parties' interests, and creating a public record of the transaction. The document becomes part of the official property records once registered with the appropriate land registry office, and forms the basis of the purchaser's title to the property.
