Form 105 Revised 2018 Page 1 of 1
by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter
when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form.
The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by
The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the
quality of services they provide. Used under license.
This Schedule is attached to and forms part of the Agreement of Purchase and Sale between:
BUYER: .................................................................................................................................................................................................., and
SELLER: ..........................................................................................................................................................................................................
for the property known as ..................................................................................................................................................................................
........................................................................ dated the ..................................................... day of .........................................., 20................
This form must be initialed by all parties to the Agreement of Purchase and Sale.
Schedule ____
Agreement of Purchase and Sale
Form 105
for use in the Province of Ontario
INITIALS OF BUYER(S): INITIALS OF SELLER(S):
© 2022, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction
B Right at Home Realty Brokerage
The parties to this agreement hereby acknowledge and agree that the deposit holder, Right at Home Realty Brokerage
shall place the deposit funds into its interest-bearing Real Estate Trust Account in accordance with section 27 of the Real
Estate and Business Brokers Act 2002, which earns interest at the rate of prime less 1.80% per annum. The parties to this
agreement agree that if the amount of interest earned on the deposit is more than $50.00, the deposit holder shall pay
the Beneficial Owner of the deposit money the interest accrued upon the successfully completed closed transaction. If the
amount of interest earned is less than $50.00, or, if the purchase of the property is not successfully completed, the
deposit holder will retain all interest earned on the deposit. The parties further agree that NO interest shall be paid to
the Beneficial Owner of the deposit money unless they provide the deposit holder with a Social Insurance Number and
mailing address for use on T5 forms no later than thirty (30) days following the completion of this transaction. If the
Social Insurance Number and proper mailing address is not received within thirty (30) days following completion of the
closed transaction, said interest shall be forfeited to the deposit holder. The Parties further agree that if a cheque for
interest is issued by the deposit holder and the cheque is not negotiated within six (6) months said interest shall be
forfeited to the deposit holder.
RAHR Revised May 1, 2022
