Building Restrictions

BUILDING RESTRICTIONS

GRANDVIEW GARDENS

SCHEDULE "B"

CONDITIONS OF SALE WHICH PURCHASER AGREES WILL SURVIVE CLOSING

1. Purchaser covenants and agrees that no dwelling shall be built on lots unless size meets or exceeds the minimum gross square footage of 1200 sq. ft. for a bungalow, and 1600 sq. ft. for a two storey and shall be constructed with an attached double garage (not included in the fl. area); exterior cladding to be at least 50% brick. House plans are subject to the approval of the vendor. The purchaser agrees to register new home under Ontario New Home Warranty Program.

2. The purchaser acknowledges and agrees that all Development charges affecting the lots are for the purchasers account, and agree to pay any County or Town fees or Development charges, to the Town of Lakeshore at the time of the application for building permits. The park fee of $1,200.00 per lot has been prepaid by the vendor. The vendor has also prepaid $2,000.00 per lot for the roads portion of the development charges. The purchaser agrees to pay $1,200.00 for the prepaid park fee and $2,000.00 for the prepaid development charge to the vendor on closing. All amounts set out in the agreement are subject to G.S.T..

3. The builder will install a concrete, asphalt or interlocking brick driveway approach from the curb to the lot line, and cut the curb for the driveway opening. Purchasers of lots where sidewalks will be installed at a future date by developer, (lots 5,6,7,8,9,10,11,12,13,14,15,16,19,20,21,30 (refer to schedule C, sidewalk master plan)) must wait to install driveway approach until after sidewalk is installed. Otherwise purchaser will be responsible for all costs associated with removal of the driveway approach in order to install the sidewalks.

4. Lot grading plans shall be approved prior to the issuance of the building permit and completed in accordance with the specifications of the Town engineer. The Vendor shall retain a right to permit access to the property by the vendor, the town and/or their respective agents for the purpose of inspecting and rectifying the lot grading and other works.

5. Purchaser agrees to plant a tree in front yard within 1 year of issuance of building permit.

6. The Transfers/Deeds for all lots in this subdivision will contain a clause reserving the oil and gas rights in favour of the Transfer/Vendor, its successors and assignees. No drilling is permitted within any residential subdivision.

7. This agreement may not be assigned by the purchaser, but the vendor shall draw the deed in favor of such person as the purchaser may direct.

8. Purchaser to provide proof of liability insurance prior to closing and construction.

9. Purchaser is responsible for clean_up of all debris and dirt, on lot and street, resulting from construction, on an on_going basis. If the dirt and debris is not cleaned up within seven (7) days of receipt of a notice to clean up, the vendor will contract out the clean_up, and the purchaser will be responsible for the costs.

10. All contractors, sub trade and delivery vehicles to use Rourke Line entrance to enter and exit subdivision.

11. Builder agrees to sell home through a registered Real Estate Broker.


*CHRIS GIRARD REALTY LTD.*


CHRIS GIRARD	LAURIE GIRARD
*Broker Of Record/Owner*	*SALES REPRESENTATIVE*
Cell: 519 -791-8695	Cell: 519 -791-8696
Fax: 519 -727-6211	Fax: 519 -727-6211
e-mail: girardrealty@xplornet.com	e-mail: girardrealty@xplornet.com

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