Nova Scotia Purchase & Sale Agreement?

Submitted by on Tue, 03/23/2021 - 13:52
Do you need a letter to waive the financing condition? In Ontario that isn’t required.

- March 26, 2021

Nope - on our agreements silence by the condition date is taken as acceptance that the condition is satisfied. In the actual wording it states "These conditions shall be deemed to be satisfactory to the Buyer unless the Seller or Sellers agent is notified to the contrary, in writing, on or before the date outlined in clause 4.1. If notice to the contrary is received, either party shall be at liberty to terminate this Agreement and the deposit shall be returned to the Buyer."