GENERAL TERMS OF LOT PURCHASE
The purchase price for the land shall be comprised of the price for the land and the price for certain services. The purchase price shall be paid: | |||
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The purchaser of the land agrees to: | |||
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The purchaser agrees that if the Agreement is terminated, the purchase price shall be refunded to the purchaser less the down payment of $2,000 or 10% whichever is greater as consideration for non-compliance with terms of the agreement. | |||
The Agreement for Sale of Land must be executed in the name of the purchaser. Upon the purchaser becoming entitled to the lot title, the City will transfer title to the lot in the name of the purchaser (s) prescribed in the agreement. The City will at no time accommodate any request to transfer the lot to any another person other than the purchaser(s) noted in the agreement. | |||
An option to purchase agreement is only applicable to the lot noted in the agreement and cannot be transferred to any other lot after the date of agreement signing. | |||
To place a hold on any residential, commercial or industrial lots, contact the City of Melfort for details. |