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The As Is Residential Contract For Sale And Purchase Fillable is a standardized legal document used in Canadian residential real estate transactions where the property is sold in its existing condition. This contract type is particularly relevant when sellers wish to limit their liability for property conditions and buyers are willing to accept the property with all existing defects. It's commonly used for properties that may need renovation, older homes, or situations where the seller has limited knowledge of the property's condition. The document includes mandatory disclosures required by Canadian law, while explicitly stating the "as is" nature of the sale. It provides detailed sections for property description, purchase price, closing requirements, and both parties' rights and obligations. The contract is designed to comply with provincial real estate regulations while offering flexibility through fillable sections that can be customized to specific transaction requirements.

1. Parties: Identification of the seller and buyer with full legal names and current addresses

2. Background: Context of the transaction and acknowledgment of the 'as is' nature of the sale

3. Definitions: Key terms used throughout the agreement including Property, Closing Date, Purchase Price, and As Is condition

4. Property Description: Detailed legal description of the property including address, legal boundaries, and property identification number

5. Purchase Price and Payment Terms: Total purchase price, deposit amount, payment schedule, and financing conditions

6. As Is Condition and Disclaimer: Explicit statement that property is sold 'as is' with buyer's acknowledgment of current condition

7. Seller's Representations: Limited representations regarding ownership, authority to sell, and known material defects

8. Buyer's Acknowledgments: Buyer's confirmation of property inspection and acceptance of current condition

9. Closing Provisions: Closing date, delivery of possession, and required documentation

10. Title Transfer: Requirements for clear title and process of title transfer

11. Closing Costs and Adjustments: Distribution of closing costs, tax adjustments, and other financial arrangements

12. Default and Remedies: Consequences of default by either party and available remedies

13. Notices: Method and addresses for official communications between parties

14. General Provisions: Standard contract clauses including governing law, entire agreement, and amendments