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Jessica
Consultant
ToLawyer, Expert
The rental section should be blank....there should be a fixture section in the OREA forms... that's where the those items should be put in.
It does not make sense to put those items in the rental section because the OREA forms specifically says that the buyer will be assuming those leases.
ToLawyer, Expert
Sorry, if I recall correctly you are in Ontario right?
ToLawyer, Expert
That is a risky move, that is a contradictory clause. I guess you should explain it away in schedule A by saying that "the statement in the APS is solely for the purpose of identifying the rental item and does not in anyway imply that the buyer will be assuming it."
ToLawyer, Expert
Section 4 chattels - you can include it there.
ToLawyer, Expert
This is OREA form 100 right?
ToLawyer, Expert
You are very welcome.