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The agreement details the property (land, buildings, and included/unattached goods), purchase price, tax treatment, completion timing, and warranties about the property’s condition. It also establishes general terms governing representation, applicable law, time and due diligence responsibilities, disclosure of latent defects, and brokerage information sharing.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/residential-purchase-contract-alberta-residential-purchase-contract/283030/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/residential-purchase-contract-alberta-residential-purchase-contract/283030.png","ImageObject",442,249,{"name":88,"@type":89},"Cart","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-23","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",13,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What property items are covered by the contract?","Question",{"text":109,"@type":110},"The contract covers the land and buildings at the specified municipal address, along with any unattached goods and attached goods as listed in the included goods sections.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How is the completion day defined and what happens then?",{"text":114,"@type":110},"The agreement states that completion, full payment of the purchase price, and delivery of vacant possession occur at 12 noon on the stated Completion Day. On that day, the property must be in substantially the same condition as when accepted, with attached and unattached goods in normal working order.",{"name":116,"@type":107,"acceptedAnswer":117},"How do deposits work under the contract?",{"text":118,"@type":110},"Deposits are held in trust by the appointed trustee, paid by the buyer on the scheduled dates, and deposited into a trust account within three Business Days. Deposits are later disbursed to the buyer or seller depending on whether conditions are satisfied or performance fails, and remedies may still be pursued under section 12.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},283030,1790614235,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":73},18829141979164,"https://eur-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","RESIDENTIAL PURCHASE CONTRACT  \nBetween  \nTHE SELLER and THE BUYER  \nName   Name    \nName   Name    \n1. THE PROPERTY  \n1.1 The Property is:  \n(a) the land and buildings located at:  \nMunicipal address:    \n(street number and name)  \n  , Alberta    \n(municipality) (postal code)  \nLegal description: Plan   Block   Lot   Other    \n(b) these unattached goods    \n_________________________________________________________________________________________________  \n_________________________________________________________________________________________________  \n_________________________________________________________________________________________________  \n_________________________________________________________________________________________________  \n(c) the attached goods except for   \n_________________________________________________________________________________________________  \n2. PURCHASE PRICE AND COMPLETION DAY  \n2.1 The Purchase Price is $    \n2.2 The Purchase Price includes any applicable Goods and Services Tax (GST) .  \n2.3 This contract will be completed, the Purchase Price fully paid and vacant possession given to the buyer at 12 noon on   , 20  (Completion Day) .  \n2.4 The seller represents and warrants that on Completion Day, the Property will be in substantially the same condition as when this contract was accepted and the attached and unattached goods will be in normal working order.  \n3. GENERAL TERMS  \n3.1 In fulfilling this contract, the seller and buyer agree to act reasonably and in good faith and agree that:  \n(a) unless the seller, buyer or both have agreed to alternate representation, the seller and buyer are each represented by their own sole agent and those agents have no agency responsibility to the other party;  \n(b) the laws of Alberta apply to this contract and all disputes will be resolved in Alberta;  \n(c) Alberta time applies to this contract. Time is of the essence, which means times and dates will be strictly followed and enforced;  \n(d) Business Day means every day but Saturday, Sunday and statutory holidays and includes all the hours of the day;  \n(e) a reference to the seller or buyer includes singular, plural, masculine and feminine;  \n(f) the seller will disclose known Material Latent Defects. Material Latent Defect means a defect in the Property that is not discoverable through a reasonable inspection and that will affect the use or value of the Property;  \n(g) the seller and buyer are each responsible for completing their own due diligence and will assume all risks if they do not;  \n(h) the seller will ensure the seller’s representations and warranties are true by:  \n(i) reviewing documents such as a Real Property Report (RPR), land title and registrations on title;  \n(ii) determining non-resident status for income tax purposes and determining any dower rights; and  \n(iii) doing other needed research;  \n(i) the buyer may get independent inspections or advice on items such as land title, registrations on title, RPR, current and future use, buildings and mechanical systems, property insurance, title insurance, size of the land and buildings, interior and exterior measurements and other items important to the buyer;  \n(j) contract changes that are agreed to in writing will supersede the pre-printed clauses;  \n(k) the seller and buyer will read this contract and seek relevant advice before signing it;  \n(l) the brokerages, real estate board and listing services may collect, maintain, disclose, and publish relevant information about this transaction , including the unconditional sale price and date of sale of the Property, for reporting, statistical, property evaluation and closing purposes; and  \n(m) the   brokerage will provide this contract and related documents (seller’s or buyer’s)  \nto the appointed lawyers for the purpose of closing this contract.  \n4. DEPOSITS  \n4.1 The seller and buyer agree that clauses 4.2 through 4.8 are the terms of trust for the deposits.  \n4.2 The seller a","cbCaigXqmHToP09G","https://ap.wps.com/l/cbCaigXqmHToP09G","pdf",289291,6,"English","# 1. THE PROPERTY\n# 2. PURCHASE PRICE AND COMPLETION DAY\n# 3. GENERAL TERMS\n# 4. DEPOSITS\n# 5. LAND","[{\"question\":\"What property items are covered by the contract?\",\"answer\":\"The contract covers the land and buildings at the specified municipal address, along with any unattached goods and attached goods as listed in the included goods sections.\"},{\"question\":\"How is the completion day defined and what happens then?\",\"answer\":\"The agreement states that completion, full payment of the purchase price, and delivery of vacant possession occur at 12 noon on the stated Completion Day. On that day, the property must be in substantially the same condition as when accepted, with attached and unattached goods in normal working order.\"},{\"question\":\"How do deposits work under the contract?\",\"answer\":\"Deposits are held in trust by the appointed trustee, paid by the buyer on the scheduled dates, and deposited into a trust account within three Business Days. Deposits are later disbursed to the buyer or seller depending on whether conditions are satisfied or performance fails, and remedies may still be pursued under section 12.\"}]","Residential Purchase Contract - Alberta Residential Purchase Contract | PDF",1789588058]