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 Overview
Flow Chart of Steps for Purchasing a Business Park Lot 
Overview
Step 1: Site Selection - Discuss your proposed
development with HRM Business Park staff to
determine the best location for your proposed
use.
Step 2: Initial Deposit - Upon receipt of a deposit in the amount of 10% of the currently listed price, the lot will be reserved for the Purchaser for a period of 45 days in which to enter into an Agreement
of Purchase and Sale with the Municipality.
Both the proposed use and proposed site
development are subject to approval from HRM Real Estate & Facility Services Staff at its sole discretion of the
proposed development’s suitability/conformity with surrounding uses, or intended uses, and the
building & site development standards and will also be subject to restrictive covenants to be
registered against title.
The Municipality reserves the right at its sole discretion to approve or reject any offer, or modify
the terms of the approval of any offer.
Step 3: Agreement of Purchase & Sale - The Municipality will reserve the lot under deposit for fortyfive
(45) days from the receipt of the 10% deposit. If the Purchaser and the Municipality cannot
agree upon an Agreement of Purchase and Sale within the aforementioned time frame and a
mutually acceptable extension cannot be agreed upon, the Municipality will return the ten
percent (10%) deposit without interest and no further obligation to the Purchaser and at no
penalty to the Municipality.
Step 4: Closing - The Closing Date, and extension thereof, shall be further established in the
Agreement of Purchase and Sale to be agreed upon by the Municipality and the Purchaser. The
Agreement shall remain subject to final acceptance of the Purchaser’s Site Development
Proposal by the Municipality.
Should you have further questions please feel free to contact a member of the Business Parks Team.
Terms
Statements contained herein are based upon information Halifax Regional Municipality deems reliable, but for which Halifax Regional Municipality assumes no responsibility and no warranties are made or implied. This information is provided subject to errors, omissions, changes, prior sale/lease or withdrawal from the market without notice.
The Municipality reserves the right to review and present any and all offers to Halifax Regional Council. The Municipality reserves the right at its sole discretion to approve or reject any offer; or modify the terms of the approval of any offer if it is deemed to be in the Municipality's best overall interest.
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