RE/MAX HALLMARK CUSTOM CLAUSES 6 DEPOSITS, PAYMENTS AND INTEREST 6 RH 01 BALANCE OF PURCHASE PRICE 6

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1 RE/MAX HALLMARK CUSTOM CLAUSES 6 DEPOSITS, PAYMENTS AND INTEREST 6 RH 01 BALANCE OF PURCHASE PRICE 6 RH 02 FURTHER DEPOSIT ON REMOVAL OF CONDITION(S) 6 RH 03 INTEREST BEARING 6 RH 04 DEPOSIT WITHIN TWO (2) BUSINESS DAYS 6 RH 05 SCHEDULE "B" INTEREST CLAUSE FOR PURCHASES 6 RH 06 SCHEDULE "B" INTEREST CLAUSE FOR LEASES 7 CONDITIONS INSPECTION, FINANCE, TERMITES, SALE OF BUYER PROPERTY 7 RH 07 HOME INSPECTION (SPECIFIED DATE) 7 RH 08 HOME INSPECTION (QUALIFIED/5 DAY/PHOTOS/VIDEO) 7 RH 09 CONDITION WETT INSPECTION 8 RH 010 WETT CERTIFICATE TO BE SUPPLIED BY SELLER 8 RH 011 HOME INSPECTION REPORT PROVIDED BY THE SELLER 8 RH 012 ARRANGING FINANCING & INSURANCE 8 RH 013 APPRAISAL ACCESS 9 RH 014 SATISFACTORY APPRAISAL (CMHC/MULTIPLE OFFERS) 9 CONDO CLAUSES 9 RH 015 HOME INSPECTION GENERAL INSPECTION - CONDO 9

2 RH 016 STATUS CERTIFICATE 10 RH 017 CONDO KEYS & FOB S 10 RH 018 CONDOMINIUM DOCUMENTS 10 RH 019 SPECIAL ASSESSMENTS, COMMON EXPENSES 10 RH 020 SPECIAL ASSESSMENTS REPRESENTATION & WARRANTY 10 SURVEYS AND TITLE INSURANCE 10 RH 021 SURVEY (EXISTING) IN 5 DAYS 10 RH 022 SURVEY (UP TO DATE) 11 RH 023 EXISTING SURVEY SHOWING ALL LOT LINES & STRUCTURES 11 RH 024 CREDIT FOR TITLE INSURANCE IF LEGIBLE SURVEY NOT AVAILABLE 11 RH 025 TITLE INSURANCE CLAUSE 11 MISCELLANEOUS 11 RH 026 MULTIPLE OFFERS 11 RH 027 ADJUSTMENT TO PAY BUYER AGENT S COMMISSION (*TRAINING REQUIRED FOR USE) 11 RH 028 WORKMANLIKE MANNER 12 RH 029 FIXTURES AND CHATTELS INCLUDED 12 RH 030 DISCLOSURE TO BUYER OF EP OR OTHER UNKNOWNS TO PERFORM DUE DILIGENCE 12 RH 031 ASSIGNMENT CLAUSE 12 RH 032 APPLICATION FOR PERMIT PRIOR TO CLOSING 12

3 RH 033 REPLACEMENT AGREEMENT (HOUSEKEEPING CLAUSE) 13 RH 034 BUYER IN TRUST 13 RH 035 POWER OF SALE 13 RH 036 HOLDBACK CLAUSE RE: UTILITIES 13 ON OR BEFORE CLOSING 13 RH 037 ENTRY BEFORE CLOSING (# OF VISITS/PURPOSE/TIME) 13 RH 038 ENTRY (SIMPLE) 13 RH 039 BUYER VISIT CLAUSE FOR SELLERS AGENTS 13 RH 040 SELLER TO REPAIR DAMAGE ON REMOVAL 14 RH 041 REQUEST SELLER TO REPAIR AN ITEM 14 RH 042 MAINTAIN PROPERTY UP TO CLOSE AND CONDITION ON CLOSE 14 RH 043 CLOSING KEYS 14 MULTI- UNIT PROPERTY OR INCOME PROPERTY 14 RH 044 DUE DILIGENCE 14 RH 045 RETROFIT 15 RH 046 RETROFIT COMPLIANT 15 ESTATE SALES 15 RH 047 CONDITION ON RECEIVING APPOINTMENT OF ESTATE TRUSTEE CERTIFICATE (FLEXIBLE) 15 RH 048 CONDITION ON RECEIVING APPOINTMENT OF ESTATE TRUSTEE CERTIFICATE 15

4 RH 049 APPOINTMENT OF ESTATE TRUSTEE CERTIFICATE (DEADLINE FOR CLOSING) 16 WARRANTIES, REPRESENTATIONS AND ACKNOWLEDGEMENTS 16 RH 050 FIXTURES AND CHATTELS WARRANTY AND NO SUBSTITUTIONS 16 RH 051 HOT WATER TANK MONTH TO MONTH 16 RH 052 RENTAL AGREEMENTS WARRANTY 16 RH 053 RENTAL CONTRACTS, CONDITIONAL SALES CONTRACTS, LEASE CONTRACTS, LEASE/RENT TO OWN 16 RH 054 RENTAL CONTRACTS SELLER TO PROVIDE 17 RH 055 ALARM SYSTEM BUYER TO ASSUME MONITORING SERVICES 17 RH 056 WARRANTY AND REPRESENTATION ON IMPROVEMENTS 17 RH 057 PEX PLUMBING - NOT KNOWN TO EXIST - PROTECT BUYER 17 RH 058 PEX PLUMBING - BUYER PROTECTION 17 RH 059 PEX PLUMBING - SELLER PROTECTION 17 RH 060 APPLIANCES ONLY WARRANTY 18 RH 061 APPLIANCES, HEATING, COOLING AND SANITARY EQUIPMENT WARRANTY 18 RH 062 HST ON NEW/VACANT PROPERTY 18 RH 063 NO ILLEGAL ACTIVITY 18 RH 064 ILLEGAL ACTIVITY ACKNOWLEDGEMENT 18 COUNTRY PROPERTY/RECREATIONAL/WELL & SEPTIC 18 RH 065 NEW WELL REQUIRED 18

5 RH 066 POTABLE WATER 19 RH 067 WATER SAMPLE (TERM) 19 RH 068 WELL WARRANTY 19 RH 069 SEPTIC WARRANTY 19 RH 070 SEPTIC PUMPED 19 RH 071 WATER QUALITY & QUANTITY WARRANTY 20 SWIMMING POOLS 20 RH 072 PROFESSIONALLY CLOSED/OPENED 20 RH 073 SWIMMING POOL HOLDBACK 20 OIL TANKS 20 RH 074 OIL TANK REPORT PRIOR TO CLOSING 20 RH 075 ABOVE GROUND OR UNDERGROUND TANK CONDITION 20 RH 076 UNDERGROUND TANK TO BE REMOVED 21 RH 077 UNDERGROUND TANK HAS BEEN REMOVED 21

6 RE/MAX HALLMARK CUSTOM CLAUSES Deposits, Payments and Interest RH 01 Balance of Purchase Price The Buyer agrees to pay the balance of the purchase price, subject to adjustments, to the Seller on completion of this transaction, with funds drawn on a lawyer's trust account in the form of a bank draft, certified cheque or wire transfer using the Large Value Transfer System. RH 02 Further Deposit on removal of condition(s) The Buyer agrees to pay a further sum of ($ ), to, by negotiable cheque, at the time of notification of fulfilment or removal of the condition(s) pertaining to, as an additional deposit to be held in trust pending completion or other termination of this Agreement. This amount is to be credited towards the purchase price on completion of this transaction. RH 03 Interest Bearing The Buyer and Seller hereby direct the agent holding the deposit to place same in an interest bearing account or term deposit, with any accrued interest on the deposit to be paid to the Buyer as soon as possible after completion or other termination of this Agreement. In the event that the closing date is advanced, the Buyer agrees to accept the short-term rate for deposits withdrawn before maturity. The Listing Broker is required to have Social Insurance Number(s) before paying interest on deposits. RH 04 Deposit within two (2) Business days All parties in this transaction acknowledge and agree that the Buyer or his agent must deliver to the Listing Broker the above-mentioned deposit within 2 business days (excluding Saturdays, Sundays and statutory holidays) of the acceptance of this Agreement, failing which, this Offer shall become null and void and the Seller and the Listing Broker shall be deemed to be free from any obligations of this transaction. No mutual release will be required. RH 05 Schedule "B" Interest Clause for Purchases The Buyer acknowledges and agrees that the deposit holder (RE/MAX Hallmark Realty Ltd, Brokerage) discloses that the depositor's funds are being held in a variable interest rate account In Trust, as specified by the Real Estate Business Brokers Act 2002 Section 27, at the current rate of Prime less 2.0%. For all purposes of this notice, the terms banking days or business days shall mean any day, other than Saturday, Sunday or statutory holiday in the Province of Ontario. Should the amount of interest calculated be more than $50.00 the deposit holder shall pay to the depositor the interest

7 accrued on the successful completion of this transaction; otherwise the deposit holder will retain it. The Buyer agrees that this Schedule forms part of the terms of the Trust. No interest shall be paid to the Buyer unless the Buyer provides the deposit holder with a Social Insurance Number for use on the T5 forms by no later than THIRTY (30) days following the completion. Any interest cheques issued by the deposit holder and not negotiated within six (6) months following completion of the herein transaction shall be forfeited to the deposit holder. RH 06 Schedule "B" Interest Clause for Leases The Tenant acknowledges and agrees that the deposit holder (RE/MAX Hallmark Realty Ltd, Brokerage) discloses that the depositor's funds are being held in a variable interest rate account "In Trust", as specified by the Real Estate Business Brokers Act 2002 Section 27, at the current rate of Prime less 2.0%. For all purposes of this notice, the terms "banking days" or "business days" shall mean any day, other than Saturday, Sunday or statutory holiday in the Province of Ontario. Should the amount of interest calculated be more than $50.00 the deposit holder shall pay to the depositor the interest accrued on the successful completion of this transaction; otherwise the deposit holder will retain it. The Tenant agrees that this Schedule forms part of the terms of the Trust. No interest shall be paid to the Tenant unless the Tenant provides the deposit holder with a Social Insurance Number for use on the T5 forms by no later than THIRTY (30) days following the completion. Any interest cheques issued by the deposit holder and not negotiated within six (6) months following completion of the herein transaction shall be forfeited to the deposit holder. Conditions Inspection, Finance, Termites, Sale of Buyer Property RH 07 Home Inspection (specified date) THIS OFFER IS CONDITIONAL upon the inspection of the subject property by a home inspector at the Buyer s own expense, and the obtaining of a report satisfactory to the Buyer in the Buyer s sole and absolute discretion. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than p.m. on the day of, 20, that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. The Seller agrees to co-operate in providing access to the property for the purpose of this inspection. This condition is included for the benefit of the Buyer and may be waived at the Buyer s sole option by notice in writing to the Seller as aforesaid within the time period stated herein. RH 08 Home Inspection (qualified/5 day/photos/video) THIS OFFER IS CONDITIONAL upon the inspection of the subject property by a registered home inspector at the Buyer s own expense, and the obtaining of a report satisfactory to the Buyer in the Buyer s sole and absolute discretion. Unless the Buyer gives notice in writing delivered to

8 the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than p.m. on the 5 th business day following acceptance of this agreement (excluding Saturdays, Sundays and statutory holidays) that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. The Seller agrees to co-operate in providing access to the property for the purpose of this inspection. This condition is included for the benefit of the Buyer and may be waived at the Buyer s sole option by notice in writing to the Seller as aforesaid within the time period stated herein. The seller acknowledges that the Buyer, his agent and/or the inspector may take photos and/or video during the inspection for the purpose of fixture and chattel identification and reporting purposes. RH 09 Condition WETT Inspection This offer is conditional upon the Buyer obtaining at the Buyer's expense a Wood Energy Technology Transfer (WETT) inspection, and obtaining a report satisfactory to the Buyer in the Buyer's sole and absolute discretion. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than p.m. on the 5 th business day following acceptance of this agreement (excluding Saturdays, Sundays and statutory holidays) that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. The Seller agrees to co-operate in providing access to the property for the purpose of this inspection. This condition is included for the benefit of the Buyer and may be waived at the Buyer's sole option by notice in writing to the Seller as aforesaid within the time period stated herein. RH 010 WETT Certificate to be supplied by Seller The seller agrees to obtain at the sellers expense, a Wood Energy Technology Transfer (WETT) inspection and a certificate stating that the wood fireplace meets current standards, failing which the seller shall repair or replace any items not meeting W.E.T.T. certification on or before the requisition date set out in this agreement. RH 011 Home Inspection Report Provided by the Seller The Buyer acknowledges that the home inspection report provided by a third party was ordered and obtained for the Seller's purpose. Neither the Seller nor the Listing Brokerage makes any representation or warranties regarding the report or its contents. Any reliance on this report is at the Buyer's risk. The Seller and the Listing Brokerage recommend that the Buyer obtain an independent inspection from an accredited home inspection company. RH 012 Arranging Financing & Insurance THIS OFFER IS CONDITIONAL upon the Buyer arranging, at the Buyer s own expense, satisfactory financing and home insurance. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not

9 later than p.m. on the 5 th business day following acceptance of this agreement (excluding Saturdays, Sundays and statutory holidays) that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. This condition is included for the benefit of the Buyer and may be waived at the Buyer s sole option by notice in writing to the Seller as aforesaid within the time period stated herein. The seller agrees to provide access to the property in the event an inspection and/or an appraisal is required for the fulfillment of this condition. RH 013 Appraisal Access The Seller hereby acknowledges that it may be the requirement of the Buyer's Lender to have an appraiser access the subject property prior to closing. The Seller covenants and agrees to provide the appraiser representing the Buyer's lender with access to the subject property for such purposes. Access to the property shall be deemed to include the dwelling and any outbuildings as may be required RH 014 Satisfactory Appraisal (CMHC/multiple offers) THIS OFFER IS CONDITIONAL upon the Buyer arranging, at the Buyer s own expense, a professional appraisal of the property by a certified CRA or AAIC suitable for mortgage financing pertaining to this transaction. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than p.m. on the 5 th business day following acceptance of this agreement (excluding Saturdays, Sundays and statutory holidays) that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. This condition is included for the benefit of the Buyer and may be waived at the Buyer s sole option by notice in writing to the Seller as aforesaid within the time period stated herein. The seller agrees to provide access to the property in the event an inspection is required for the fulfillment of this condition. Condo Clauses RH 015 Home Inspection General Inspection - CONDO THIS OFFER IS CONDITIONAL upon the inspection of the unit and common elements by a home inspector at the Buyer s own expense and the obtaining of a report satisfactory to the Buyer in the Buyer s sole and absolute discretion. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than p.m. on the 5 th business day following acceptance of this agreement (excluding Saturdays, Sundays and statutory holidays), that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. The Seller agrees to co-operate in providing access to the property and common elements for the purpose of this inspection. This condition is included for the benefit of the Buyer and may be waived at the Buyer s sole option by notice in writing to the Seller as aforesaid within the time period stated herein.

10 RH 016 Status Certificate THIS OFFER IS CONDITIONAL upon the Seller providing at the Sellers expense, a current Status Certificate and usual accompanying condominium documentation, within ten (10) banking days (excluding Saturdays, Sundays & statutory holidays) of acceptance of this Offer. The Buyer shall have two (2) banking days from receipt to review and be satisfied regarding contents of such documentation, failing which this Offer shall become null and void, and the deposit shall be returned to the Buyer without interest or deduction. This condition is included for the benefit of the Buyer and may be waived at his sole option by notice in writing to the Seller or his agent within the specified time period. RH 017 Condo Keys & FOB s The Seller agrees to deliver to buyer on closing 2 complete sets of keys to the unit, mailbox and locker if applicable & all accessory access openers/fob s etc. as may be required to access all common areas and underground parking. If the seller fails to provide any key, garage door opener or FOB, then the Seller shall immediately pay the Buyer the actual replacement cost of any such key, garage door opener or FOB or the Buyer shall be given a credit on the final statement of adjustments for the cost associated with purchasing. RH 018 Condominium Documents Seller agrees to provide to the Buyer all documents, By-laws, Rules and Regulations, Property Management Agreement, financial statement and all keys to the building, suite, mail box and underground garage door (if any), on or before closing, at his expense. RH 019 Special Assessments, Common Expenses Seller undertakes to pay from sale proceeds on closing any increase in common expenses for the current fiscal year or any special assessments as disclosed in the Status Certificate, or contemplated prior to closing by the Condominium Management or the Condominium Board of Directors. Seller further warrants that no improvements, additions or repairs, which require the consent of the Condominium Corporation, have been carried out without such consent in the said unit or upon its exclusive use areas or common elements. RH 020 Special Assessments Representation & Warranty Seller represents and warrants that there are no special assessments contemplated or approved by the Condominium Corporation and if any, the Seller will be responsible to pay any such assessments which are known by the Management on or before closing at the Seller's expense. Surveys and Title Insurance RH 021 Survey (Existing) in 5 days

11 Seller agrees to provide the Buyer with an existing survey of the subject property within five banking days (excluding Saturdays, Sundays and statutory holidays) from the date of acceptance of this offer. RH 022 Survey (up to date) Seller agrees to provide a copy of an up to date survey of the subject property, at his own expense by 11:59 p.m., 2015 RH 023 Existing Survey showing all lot lines & structures Seller agrees to provide the Buyer with an existing survey of the subject property completed by an Ontario Land Surveyor and acceptable to the lending institution showing the current location of all existing structures, lot lines, improvements, easements, rights of way and encroachments affecting the said property within banking days (excluding Saturdays, Sundays and statutory holidays), from the date of acceptance of this Offer. RH 024 Credit for Title Insurance if Legible Survey NOT available Immediately upon acceptance, Seller will provide the Buyer's lawyer with a legible copy of a survey showing all structures. Should a survey not be available or should such survey copy fail to be legible, or fail to show surveyor's name or survey date, or fail to show all structures, Buyer will receive a credit in the Statement of Adjustments on closing for 50% of the cost of a title insurance policy in lieu of a new survey. RH 025 Title Insurance clause Seller agrees to provide, at his expense on closing, a title insurance policy covering the title of the subject property, issued by a recognized title insurance company and in the name of the Buyer(s). Miscellaneous RH 026 Multiple Offers This offer is submitted upon the Seller s agent having informed the Buyer s agent that there are multiple offers registered for the property described herein. If the Seller receives no registered offer other than this offer, by two (2) hours prior to the date and time specified for offer presentations, the Seller will notify the Buyer and the Buyer will have one (1) hour from the time of receipt of notification to revise or revoke this offer. If the Seller accepts this Buyer's offer the Seller agrees to provide the Buyer an Offer Summary Document (form 801) from all competing registered offers that were presented to the Seller. RH 027 Adjustment to pay Buyer Agent s Commission (*training required for use)

12 The Seller agrees that there shall be a credit on the statement of adjustments in favour of the Buyer for the amount of plus applicable taxes (HST) of the sale price in order to satisfy the Buyers obligation to pay their agent in accordance with their Buyer Representation agreement. The Buyer irrevocably directs his/her solicitor to pay RE/MAX Hallmark (Hallmark York Group) Realty Ltd. said commission plus applicable taxes by certified cheque immediately upon closing. RH 028 Workmanlike Manner Any work carried out by the owner, agents or contractors shall be done in a workmanlike and professional manner and in compliance with all applicable governmental bylaws and codes governing the use of the demised premises. RH 029 Fixtures and Chattels Included All existing flooring & floor coverings, drapery tracks, ceiling fans & fixtures, built in appliances, bathroom mirror(s), heating-ventilating-air conditioning equipment, central vacuum and accessories and all other items secured by means of nails, screws, plumbing, wiring, ducting and related accessories which are now on the property are to be included in the purchase price and free from all liens and encumbrances except items which are identified as leased or rented or those specifically excluded herein. RH 030 Disclosure to Buyer of EP or other unknowns to perform due diligence The buyer acknowledges the property s close proximity to the (Oak Ridges Moraine, EP, Creek, etc.) and has been advised to perform their own due diligence with respect to any potential planning, zoning, building and conservation issues. RH 031 Assignment Clause The seller acknowledges and agrees that on closing the buyer shall have the right to direct title to the property to be registered in the name of a corporation to be determined; provided however that the buyer shall remain liable for all representations, warranties and covenants contained in this offer to purchase until the closing has been successfully completed. RH 032 Application for permit prior to closing Upon this agreement becoming firm and binding, the Seller covenants and agrees to cooperate with the Buyer in the application for any severance of the land, building permits and/or Committee of Adjustments consents that may be required for renovating and/or adding to the existing structure or for the construction of a new house or homes on the property at the sole cost and expense of the buyer and without any liability on the part of the Seller. Without limiting the generality of the foregoing the Seller agrees to sign all documentation required for the said applications and to allow for the inspection of the property as needed by any municipal authority having jurisdiction.

13 RH 033 Replacement Agreement (Housekeeping Clause) The parties hereto understand and agree that this Agreement, when accepted, renders null and void all previous Agreements between parties for the purchase and sale of the property herein, and that this Agreement shall take precedence over any previous Agreement in all matters and terms. RH 034 Buyer in Trust The parties acknowledge that the Buyer herein is described as purchasing this property "In Trust". The parties agree that the meaning of "In Trust" is that the Buyer shall be entitled to take title in the name of such person, persons or entity as the Buyer may direct. Notwithstanding the foregoing, the Buyer acknowledges and agrees that the Buyer shall remain fully liable for all of the obligations of the Buyer under this Agreement of Purchase and Sale and the words "In Trust" shall not entitle to avoid any of the Buyer's responsibilities under this Agreement of Purchase and Sale. RH 035 Power of Sale Seller is making this sale pursuant to Power of Sale provisions in the mortgage and Buyer acknowledges that the Mortgagor may have the right of redemption and that upon exercising said right this Agreement shall become null and void and the full deposit herein shall be returned to the Buyer without interest or deduction. RH 036 Holdback clause re: Utilities The parties agree that the Buyer's lawyer shall withhold the sum of FIVE HUNDRED DOLLARS ($500.00) from the closing proceeds for a period of not more than thirty (30) calendar days after closing in order to allow the Buyer's lawyer to determine whether there are utilities arrears generated to the date of closing, and if so, said arrears will be satisfied from the holdback, with the balance (if any) to be returned to the Seller's lawyer within the thirty (30) day period. On or before Closing RH 037 Entry before Closing (# of visits/purpose/time) Seller agrees to allow Buyer entry to the subject property on mutually agreed occasion(s) for the purpose of, the length of each visit not to exceed hours and one such occasion to be the day of or the day before closing. RH 038 Entry (simple) The Buyer shall have the right to inspect the property one further time prior to completion, at a mutually agreed upon time, provided that reasonable notice is given to the Seller. The Seller agrees to provide access to the property for the purpose of this inspection. RH 039 Buyer Visit Clause for Sellers Agents

14 The buyer hereby acknowledges and agrees that any buyer visit to the property agreed to in the agreement of purchase and sale, regardless of the purpose (measuring for furniture/window coverings, cost estimates from contractors, etc.) shall be conducted as per the buyer visit clause in regards to notification to the seller, in the company of the buyers agent for the entire duration of the visit, and for an absolute maximum duration of 60 minutes per visit and not within 48 hours of closing unless agreed to in writing with the seller prior to a visit. RH 040 Seller to repair damage on removal The seller agrees to repair at their expense and at least 48 hours prior to closing, any openings or holes in walls, floors, ceilings or window areas resulting from the removal of equipment, chattels, hanging objects or other items that may be excluded in this agreement that require removal. The buyer reserves the right to inspect the premises to ensure that said repairs have been completed. RH 041 Request Seller to repair an item The seller agrees to (insert item here) at their expense and agrees to provide a receipt showing that the work has been completed on or before the date set for examining title failing which, the seller directs their solicitor to credit the buyer ($$$ add amount to compensate buyer if repair is not done) as an adjustment on closing. Any work carried out by the owner, agents or contractors shall be done in a workmanlike and professional manner and in compliance with all applicable governmental bylaws and codes governing the use of the demised premises. RH 042 Maintain property up to close and condition on close The Seller agrees to maintain the property inside and outside and front and back yards (add pools/hot tubs etc) in normal cared condition up to and including closing. The Seller agrees to leave the premises, including the floors, in a clean and broom swept condition and to remove all garbage and debris from the property on or before closing. RH 043 Closing Keys Closing Keys: The seller shall provide not less than TWO sets of keys to the property on closing. In addition the seller shall leave all extra keys and any keys required for mailbox, remote(s) for garage doors or other fixtures on the premises on closing day. Multi- Unit Property or Income Property RH 044 Due Diligence The buyer and the seller acknowledge and agree that neither the seller nor the listing or selling realtors warrants or represents that the property complies with municipal zoning bylaws, fire and electrical safety standards and provincial building code regulations. The buyer and seller agree that it is the buyer s responsibility to conduct the necessary due

15 diligence to determine whether the current or intended use of the property complies with the above noted standards and regulations. RH 045 Retrofit Buyer acknowledges that the Seller, Listing agent, and Buyer's agent are making no representation with regards to retrofit requirements of any of the units in the subject property, as well as any proposed or future use by the Buyer. The Buyer agrees to hold Seller, Listing agent and the Buyer's agent harmless from any and all liabilities arising from the Buyer's use of the subject property. The property's permitted use is as Single Family Residential. RH 046 Retrofit compliant The Buyer acknowledges that the subject property may be used as a, and is registered as such with municipal authorities and does conform to current provincial regulated retrofit requirements. Estate Sales RH 047 Condition on receiving Appointment of Estate Trustee Certificate (flexible) All parties acknowledge that this is an Estate Sale and title to the subject property cannot transfer and close without the Appointment of Estate Trustee Certificate. If the seller does not have the certificate at least one week prior to the closing date set out herein, he shall so notify the buyer and the buyer agrees to postpone the closing date to by amendment in writing. If the certificate is not received by the seller or his solicitor by 6pm on the day of 20 the seller shall offer and the buyer shall have the option to postpone the closing by a second 30 day period to by amendment in writing. Should the buyer not accept an amended closing date as offered, he shall so notifiy the seller in writing within 48 hours by way of mutual release, to be signed by both parties and the agreement shall become null and void and the deposit shall be returned to the buyer without interest or deduction. RH 048 Condition on receiving Appointment of Estate Trustee Certificate This offer is conditional upon the Seller receiving an Appointment of Estate Trustee Certificate on or before day of, 20 failing which the closing date shall be (renegotiated, extended by days) by amendment in writing, to accommodate the receipt of said documentation. This condition is included for the benefit of the Seller and can only be removed upon receipt of said certificate, by notice in writing, delivered to the Buyer or the Buyer's solicitor within the time period stated herein or the renegotiated closing date. All parties acknowledge that this is an Estate Sale and Title to the subject property cannot transfer and close without the Appointment of Estate Trustee Certificate.

16 RH 049 Appointment of Estate Trustee Certificate (deadline for closing) In the event the Certificate of Appointment of Estate Trustee is not available to complete the closing on, 2012, the Buyer agrees to extend the closing and to complete the transaction within two weeks of being advised the Certificate of Appointment of Estate Trustee has been received by Seller or Seller's solicitor. It is understood that the Buyer shall not be required to extend the closing beyond. In the event the transaction is unable to close by the date specified as a result of the Certificate of Appointment of Estate Trustee not being obtained, this offer shall become null and void and the deposit shall be returned to the buyer without interest or deduction. Warranties, Representations and Acknowledgements RH 050 Fixtures and Chattels Warranty and no substitutions The Seller warrants that all permanent fixtures which are attached to the property and all chattels shown to the Buyer which are included in the purchase price will not be replaced and will remain on the property and be in good working order when they are passed to the Buyer on closing. RH 051 Hot Water Tank month to month The seller warrants and represents that the water heater installed in the home is presently rented on a month to month basis and is not the subject of any agreement with a term longer than one month. The seller agrees to provide to the buyer the monthly cost and rental details by means of a bill from the rental company involved within 24 hours of acceptance of this agreement. RH 052 Rental Agreements Warranty Seller represents and warrants to the buyer that there are no rental agreements, conditional sales contract or any other agreement relating to the Property or any chattels therein that are being conveyed to the Buyer. In the event any part of the Property or chattels being conveyed is subject to some form of agreement, the Seller shall be liable for the buy-out of such agreement or shall compensate the Buyer as a credit on the Statement of Adjustments for the present value of the future lease or rental payments calculated at the TD Bank Prime Lending Rate plus one (1%) percent. This representation and warranty shall survive and not merge on Completion. RH 053 Rental Contracts, Conditional Sales Contracts, Lease Contracts, Lease/Rent to Own The Seller agrees represents and warrants that there are NO other rental agreements, conditional sales contracts, lease contracts or lease to own agreements in place other than described herein for any fixture or chattel deemed to be included in this agreement.

17 RH 054 Rental Contracts Seller to Provide The Seller agrees to provide a copy of the rental contract for the (hot water tank, alarm system, furnace, air conditioner) within 5 days of the acceptance date herein. The Buyer will have 3 days after receipt of a copy of the rental contract to confirm whether the Buyer intends to assume the contract or not. If the Buyer does not communicate his/her position within the time set out, the contract will be deemed to be assumed on completion RH 055 Alarm System Buyer to assume monitoring services The buyer hereby acknowledges that the cost of future monitoring involved in any security system assumed by the buyer in the purchase of the subject property shall be that of the buyer upon closing. The buyer shall remain responsible for the monitoring fees as long as the buyer chooses to use such monitoring services. RH 056 Warranty and Representation on Improvements The seller represents and warrants that all improvements to the property were completed in accordance with the local municipal authorities having jurisdiction and agrees to provide written confirmation of the same on or before the date set out in this agreement for requisitions. RH 057 PEX Plumbing - Not known to exist - Protect Buyer The Seller represents and warrants that during the time the Seller has owned the property, the Seller has not cauased the building on the property to be plumbed with a PEX water piping system either in whole or in part, and to the best of the Seller's knowledge and belief no building on the property contains or has ever contained a PEX water piping system. This warranty shall survive and not merge on the completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction. RH 058 PEX Plumbing - Buyer Protection The seller discloses and the buyer acknowledges that the building contains a PEX water piping system. The seller represents and warrants that to the best of the Seller's knowledge and belief, there are not currently, nor have there ever been, any failures of this system resulting in water leaks, floods, or water related damage to building structures or fittings. This representation and warranty shall survive and not merge on completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction. RH 059 PEX Plumbing - Seller Protection The seller discloses and the buyer acknowledges that the building contains a PEX water piping system. The Buyer accepts the property in that state and further acknowledges that the seller does not warrant the quality or quantity of the PEX water piping or the quality of its installation

18 RH 060 Appliances only Warranty The Seller represents and warrants that all appliances included in the purchase price will be in good working order on closing and free from all liens and encumbrances. RH 061 Appliances, Heating, Cooling and Sanitary Equipment Warranty Seller warrants and represents that all appliances, heating, cooling and sanitary equipment will be in good working order on closing and free from all liens and encumbrances. RH 062 HST on new/vacant property The seller warrants and represents that the property has never been lived in and that the property is not or has not been subjected to a lease. RH 063 No Illegal Activity The Seller represents and warrants that during the time the Seller has owned the property, the property and the buildings and structures thereon have not been used for any criminal use or activity, and that to the best of the Seller's knowledge the property and the buildings and structures thereon have never been used for any criminal use or activity. This warranty shall survive and not merge on the completion of this transaction. RH 064 Illegal Activity Acknowledgement The Buyer acknowledges that the property and buildings and structures thereon have been used for a criminal use or activity and acknowledges that the Seller makes no representations and/ or warranties with respect to the state of repair of the premises and the Buyer accepts the property and the buildings and structures thereon in their present state and in an "as is " condition. Country Property/Recreational/Well & Septic RH 065 New Well Required The Seller agrees to, at the Seller's own expense, have a NEW WELL professionally installed by a Licensed Well drilling Company, meeting all ministry requirements for the location, on the subject property, on or before. The Seller acknowledges this new well and all related equipment must be fully operational and perform adequately for a family of (insert #), and be capable of delivering not less than 5 Gallon per minute on the continuous basis for not less than One Hour and have a recovery rate of not less the 3 gallons per minute and the water must be potable for human consumption, all in accordance to ministry standards. Upon completion of the well connection to the dwelling, the Buyer or their representative shall have the opportunity to obtain up to 3 potable water samples from the property prior to the completion of this transaction. The Seller agrees to provide access to the Buyer or his chosen representative for the purpose

19 of obtaining these samples. The Seller agrees to provide the new Well Certificate, to the buyer or his Solicitor, on or before the closing of this transaction. RH 066 Potable Water The Seller agrees that the Buyer shall be allowed to collect their own water sample and test to verify that the water is potable. In the event that any samples test unsafe for consumption, the Seller agrees to affect the necessary remedies at his expense. In the event that there is an unsatisfactory water test result and the well is treated, all parties agree that there will be a series of 3 new water tests, taken at different times to verify that the water has been made safe for consumption. RH 067 Water Sample (term) All Parties to this transaction acknowledge that up to 3 safe and potable water samples are required prior to closing. The Seller agrees to provide access to the dwelling as often as is required to the Buyer's Representative for the purpose of obtaining these water samples, within 24 hours notice RH 068 Well Warranty The Seller represents and warrants, that during the Seller's ownership of the property, the WELL, pump and all related equipment serving the property have performed adequately, and will be in good working order on closing and are currently capable of delivering sufficient water for normal household use and that the seller also warrants that this well is not prone to running out of water and that they have not required a water truck to fill the well during their ownership of the property. Furthermore, the Seller represents that there are no abandoned wells on the subject property. The Parties agree that this representation and warranty shall survive and not merge on completion of this transaction, but apply only to the state of the property at completion of this transaction. RH 069 Septic Warranty The Seller represents and warrants, that during the Seller's occupancy of the building, the sewage system has been and will be in good working order on closing. The seller represents and warrants that the system is not a holding tank, but a septic system capable of handling normal household use. The Parties agree that this representation and warranty shall survive and not merge on completion of this transaction, but apply only to the state of the property existing at completion of this transaction. The Seller agrees to supply to the Buyer, his representative or Solicitor, a copy of the septic use permits and any/all sketches and permits, in his possession, or what is readily available to the Seller by the authorities having jurisdiction, on or before the requisition date set out herein. RH 070 Septic Pumped The Seller agrees to have the Septic Tank pumped, at his own expense, on or before the closing of this transaction and provide documentation to the Buyer for said service completed.

20 RH 071 Water Quality & Quantity Warranty The Seller hereby represents that during his occupancy the well and its related equipment have operated adequately and that the well is capable of supplying safe and sufficient quantities of water for a single-family dwelling. The Seller agrees to supply to the Buyer within banking days (excluding Saturdays, Sundays, and statutory holidays) of acceptance of this Offer a certificate of Water Potability from the local health unit indicating water potability. Swimming Pools RH 072 Professionally Closed/Opened The seller agrees to provide a receipt from the pool company that the pool was professionally (closed or opened) on or before the date set for completion of this transaction. RH 073 Swimming Pool Holdback THE Buyer's lawyer shall hold back the sum of $ up to and including, 2015 to ensure that all swimming pool and related equipment are in good condition and working order at the time of closing the transaction. Oil Tanks RH 074 Oil Tank Report prior to closing The Seller agrees to, at his own expense, on or before the requisition date set out herein, obtain a report from a fuel oil distributor registered under the Technical Standards and Safety Act, 2002, stating the tank system and oil furnace in the property is in a safe operating condition and complies with the requirements of the Technical Standards and Safety Act, 2002, and provide documentation to the Buyer or her solicitor for said service completed within the time period stated herein. RH 075 Above Ground or Underground Tank Condition THIS OFFER IS CONDITIONAL upon the Buyer obtaining a report from a fuel oil distributor registered under the Technical Standards and Safety Act, 2002 and any Regulations thereto as amended from time to time stating the tank system in, on or about the property is in safe operating condition and complies with the requirements of the Technical Standards and Safety Act, 2002 and any regulations thereto. Seller agrees to allow access to the property by the fuel oil distributor for purpose of obtaining a report. Unless the Buyer gives notice in writing delivered to the Seller not later than p.m. on the day of 20 that this condition has been fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. This condition is included for the benefit of the Buyer and may be

21 waived at the Buyer's sole option by notice in writing to the Seller or his agent within the time period stated herein. RH 076 Underground Tank to be Removed The Seller agrees that the Seller will, at the Seller's expense, have the underground fuel oil tank on the property removed from the property by a contractor registered under the Technical Standards and Safety Act, 2002 and any Regulations thereto as amended from time to time by no later than p.m. on the day of, 2015 and thereafter to have the soil surrounding the underground fuel oil tank assessed for contamination and any contamination cleaned and removed by a contractor registered under the Technical Standards and Safety Act, 2002 and any Regulations thereto as amended from time to time, and on or before closing to provide evidence of the said testing, cleaning and removal from the said contractor and to restore the grading and landscaping on the property to the existing or a comparable condition to which it was prior to the removal of the said fuel oil tank. RH 077 Underground Tank has been Removed The Buyer acknowledges that there was an underground fuel tank on the property that has been removed and the Seller agrees to provide to the Buyer at the Seller's own expense by no later than p.m. on the day of 2015, evidence that a contractor registered under the Technical Standards and Safety Act, 2002 and any regulations thereto as amended from time to time, has removed the said fuel tank, assessed the soil surrounding the underground fuel oil tank for contamination and cleaned and removed any contamination.