B1 DEPOSIT CLAUSE: The parties to this Agreement hereby acknowledge and agree that the Deposit Holder shall place the deposit in its interest-bearing Real Estate Trust Account, which earns interest at the rate of Prime minus 2.2% per annum. Deposit Holder shall pay any interest it earns or receives on the deposit to Buyer following completion or other termination of this Agreement, provided the amount of interest earned or received on the deposit is equal to or greater than $350.00; Deposit Holder shall be entitled to retain any interest earned or received on the deposit, which is less than $350.00. Any interest payment issued by the Deposit Holder that is not accepted/negotiated by Buyer within six (6) months of the payment date shall be forfeited to Deposit Holder. Where Buyer is a private individual (not a corporation), interest will not be paid to Buyer unless Buyer provides its Social Insurance Number (“SIN”) to Deposit Holder for T5 purposes pursuant to the Income Tax Act on or before the closing date of the transaction.

Notwithstanding any other provision in this Agreement or any Schedule attached hereto, the parties agree that any deposit to be delivered by Buyer to Deposit Holder must be delivered by way of certified cheque, bank draft, Electronic Funds Transfer (“EFT”) to an account designated by the Deposit Holder, or any other payment method accepted and approved by Deposit Holder. In the event Buyer elects to deliver the deposit via EFT, Buyer agrees to provide all such information required by Deposit Holder to: (i) complete an EFT from Buyer’s bank account to the account designated by Deposit Holder; and (ii) comply with the requirements of the Trust in Real Estate Services Act, 2002, as amended from time to time, and any other applicable laws.

DEFINITION OF "BANKING DAYS": For all purposes of this agreement the term "banking day" or "business day" shall mean until 11:59 PM on any day other than Saturday, Sunday, or statutory holiday in Ontario.

ADVERTISING: In accordance with the Federal Privacy Act (PIPEDA) upon acceptance of this Agreement, all parties to this transaction hereby consent and authorize EXP Realty, to distribute and use all statistical sale information, including price, address, and photographs of the property, as a sold property or in future marketing materials. Such promotion shall not include the names of the Buyer or Seller. This authority extends beyond the closing date of this transaction.

APPRAISAL: The Seller hereby acknowledges that it may be a requirement of the Buyer's lender to have an appraiser access the entire subject property prior to closing. The Seller covenants and agrees to provide access for such purposes and further acknowledges that this may be in addition to the Buyer's specified visits contained herein.

BUYER VISITS: In the event this agreement allows for a buyer revisit appointment(s), said appointment(s) shall be limited to one hour in length and limited to specifically the buyer(s) named in this agreement and the buyer's agent unless otherwise agreed to in writing by the Seller(s) not less than 24 hours prior to the appointment.

INTENTION: The Buyer and Realtor acknowledge that submitting offers on multiple properties at the same time, without the buyer’s intent or ability to fulfill their obligations on all submitted offers, constitutes a breach of at least sections of REBBA 2002; Fairness and Honesty. O. Reg. 580/05, s. 3., Conscientious and Competent Service O. Reg. 580/05, s. 5., Dealings with Other Registrants O. Reg. 580/05, s. 7 (2)., Delivery of Deposits and Documents O. Reg. 580/05, s. 29, and Error, Misrepresentation, Fraud, etc. O. Reg. 580/05, s. 38.

ADVISE: The parties acknowledge that the information provided by the listing salesperson and listing real estate brokerage shall not be constructed as expert legal advice, tax advice, environmental advice, advice on zoning changes, or engineering advice and the parties acknowledge having seeked independent legal and professional advice on any matters and concerns prior to signing of this agreement.

CAVEAT EMPTOR: The Buyer and Seller acknowledge and agree that the property is being sold on an "as-is, where-is" basis, with no warranties or representations provided regarding the accuracy or completeness of any information contained in the listing such as, without limitation, the square footage, municipal taxes, the functionality and condition of any fixture or chattels. The buyer is advised to conduct their own due diligence and acknowledges and agrees to have done so upon this offer becoming firm and binding.

OR

CAVEAT EMPTOR: The Buyer and Seller acknowledge and agree that the listing salesperson(s) and listing brokerage provide no warranties or representations regarding the accuracy or completeness of any information contained in the listing such as, without limitation, the square footage, municipal taxes, the functionality and condition of any fixture or chattels. The buyer is advised to conduct their own due diligence and acknowledges and agrees to have done so upon this offer becoming firm and binding.