48 Hour Notice to Remove Conditions
This document relates to the Offer to Purchase (the "Offer") between:
Name of Purchasers:
Name of Vendors:
The Vendors shall have the right to continue to advertise and show the land, buildings and improvements (the "Property") covered by the Purchasers' Offer to Purchase and to make or receive offers on it from third parties. If the Vendors have reached an agreement to sell or have received an offer regarding the Property from a third party which the Vendors have or are prepared to accept, the Vendors may provide the Purchasers (or any of them) with notice to unconditionally remove in writing all conditions with respect to the Offer by the Purchasers within hours of receiving the notice, failing which the Offer by the Purchasers shall be null and void and the Vendors shall be free to sell the Property to the third party. If the presently existing Offer to Purchase by the Purchasers is subject to financing, the financing requirement must be met. It may not be waived without the Vendors' written approval. If the Offer is rendered void because the conditions were not removed as required, the deposit shall be returned to the Purchasers.
Signed by the Vendor(s) this _____ day of _______________, 201.
Signed by the Purchaser(s) this _____ day of _______________, 201.
Notice: This form is made available free of charge. Therefore, any printing, storing, copying or other use of this form constitutes an agreement by you that you waive any claim that you may ever have now or in the future against Richard Carlson, R.T. Carlson Legal Prof. Corp., Richard Carlson Legal Prof. Corp., Cuelenaere Kendall Katzman & Watson, their employees, directors, officers, partners and associates in any way relating to it. You must read through this form carefully to ensure that you fully understand it before using it. Changes, additions or specific advice from a lawyer may be needed to suit your circumstances. Generic forms cannot ever suit every situation. This form is for the sale of used Saskatchewan residential properties only. It does not apply to new construction, farmland or commercial property.