REINZ has prepared optional clauses for sale and purchase agreements where a property has been (or may have been) affected by a natural disaster. This document includes a clause making the agreement conditional upon the purchaser being able to insure the property, insurance disclosure condition, professional report condition, and a framework within which vendors and purchasers can work with EQC and private insurers to see if it is appropriate to assign the vendor’s property insurance. Licensees should read the guidance carefully before using these clauses.
File Type: PDF
Member Only Resource
Useful clauses
Creation Date: 22 Feb 2023
Latest Update: 28 Feb 2023
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