C-73.1, r. 2 - By-law of the Association des courtiers et agents immobiliers du Québec

Full text
SCHEDULE 4
(s. 87)
COUNTER-PROPOSAL TO A PROMISE TO PURCHASE


LOGO COUNTER-PROPOSAL TO A PROMISE TO PURCHASE

P1. IDENTIFICATION OF THE PARTIES


_______________________________ (Name: 1) _______________________________


_______________________________ (Name: 2) _______________________________

□ SELLER
□ BUYER
(hereinafter called the COUNTER-PROPOSER)

_______________________________ (Name: 1) _______________________________


_______________________________ (Name: 2) _______________________________

□ SELLER
□ BUYER
(hereinafter called the RESPONDENT)

P2. AMENDMENTS


P2.1 The COUNTER-PROPOSER HEREBY PROMISES

□ to sell to
□ to purchase from

the RESPONDENT the immovable or the premises situated at ________________
(address) (hereinafter called the IMMOVABLE), under the conditions set out
in the form entitled:

Promise to Purchase PP-_________(hereinafter called the PROMISE), with
the amendments indicated below.

P2.2 PREVIOUS COUNTER-PROPOSALS Any previous counter-proposal made by either
of the parties shall be null and void.

P2.3 AMENDMENTS ______________________________________________________________



















P2.4 OTHER CONDITIONS All other conditions of the PROMISE TO PURCHASE shall
remain unchanged.

P2.5 CONDITIONS OF ACCEPTANCE The parties declare that their consent to this
COUNTER-PROPOSAL is not the result of any representation or condition not
contained herein. This COUNTER-PROPOSAL is irrevocable until __ o’clock,
on _______________, 20 ______. If this COUNTER-PROPOSAL is accepted by
that deadline, the COUNTER-PROPOSER shall be notified of the acceptance
within a period of ______hours following that deadline. If this COUNTER-
PROPOSAL is not accepted by that deadline or if the COUNTER-PROPOSER is
not notified of the acceptance within the period stipulated, this
COUNTER-PROPOSAL and the PROMISE shall be null and void and the deposit
referred to above and considered to be an instalment on the sale price
shall be refunded to the BUYER immediately. However, if this COUNTER-
PROPOSAL is accepted and notification is received within the period
stipulated, this COUNTER-PROPOSAL and the PROMISE shall constitute a
contract that is legally binding on the parties.

SIGNATURES


COUNTER-PROPOSER The COUNTER-PROPOSER acknowledges having read and understood
this COUNTER-PROPOSAL and having received a copy hereof.

Signed in ________________________, on _____________ 20 _____, at_____ o’clock.

__________________________ ___________________________ ____________________
Signature of COUNTER- Signature of SPOUSE of Witness
PROPOSER 1 COUNTER-PROPOSER 1

__________________________ ___________________________ ____________________
Signature of COUNTER- Signature of spouse of Witness
PROPOSER 2 COUNTER-PROPOSER 2

RESPONDENT’S REPLY The RESPONDENT acknowledges having read and understood this
COUNTER-PROPOSAL and having received a copy hereof.

He hereby _______________________________________ this COUNTER-PROPOSAL.
(enter by hand “accepts” or “refuses”)

□ submits Counter-Proposal CP-___________________

Signed in ________________________, on _____________ 20 _____, at_____ o’clock.

_________________________________ __________________________________
Signature RESPONDENT 1 Witness

_________________________________ __________________________________
Signature RESPONDENT 2 Witness

ACKNOWLEDGMENT OF RECEIPT The COUNTER-PROPOSER acknowledges having received a
copy of the RESPONDENT’S reply.

Signed in ________________________, on _____________ 20 _____, at_____ o’clock.

_________________________________ __________________________________
Signature COUNTER-PROPOSER 1 Witness

_________________________________ __________________________________
Signature COUNTER-PROPOSER 2 Witness

INTERVENTION OF SELLER’S SPOUSE The undersigned declares that he is the spouse
of the SELLER, that he consents to and, where applicable, concurs in the
acceptance of this COUNTER-PROPOSAL, and that he undertakes to intervene in the
notarial act of sale for all legal purposes.

Signed in ________________________, on _____________ 20 _____, at_____ o’clock.

_________________________________ __________________________________
Signature of spouse of SELLER 1 Witness

_________________________________ __________________________________
Signature of spouse of SELLER 2 Witness
O.C. 1865-93, Sch. 4.