The addendum needs to be completed for the sale to be eligible.
Project LP will pay mortgage and condo fees for six months, to a
cumulative maximum of $8000.
Purchaser must provide us with a copy of the “record of Employment”
issued by the employer, indicating lay-off as reason for dismissal.
Each month the Purchaser must provide us with a copy of Employment
Insurance receipt as proof of continued unemployment.
A copy of the mortgage statement must be provided to confirm the
We require proof of payment of the mortgage and condo fees for each
month that we are reimbursing them ( bank statement, or copy of
If Purchase agreement and mortgage is in more than one name, we will pay a pro-rata portion. Example if 2 people are on the purchase agreement and mortgage, and one person losses their job, we will pay
one-half of the mortgage and condo fees to a maximum of $4000. Etc.
We will provide the reimbursement within 10 business days of receiving proof of claim.
MLS sales will not be eligible for this program.
Terms and Conditions
Lease agreement to be completed between customer (lessee) and Carlisle Group which shall include an option to purchase the leased unit for a pre-determined purchase price.
Customer to provide Carlisle with current mortgage pre-approval document for proposed leased unit.
Customer to provide references.
Damage Deposit of one month’s rent due at the time of lease agreement signing.
Rent due on the first of each month via PAD or cheque. Should customer wish to pay via cheque, twelve posted dated cheques are required at time of signing lease agreement.
The lessee may exercise the option to purchase the unit per the terms and conditions of the option to purchase in the lease agreement. Carlisle will provide, per the Test Drive a Condo” promotion, a discount on the purchase price in the amount of the rent actually paid by the lessee under the lease, to a maximum of six months’ rent.
This promotion cannot be combined with other offers.
MLS sales & Realtor Referrals will not be eligible for this program.