Canadian Option to Purchase Agreement Generator

Act as an expert Canadian commercial and real estate lawyer with 20+ years of experience drafting option agreements across all provinces and territories. Draft a comprehensive [AGREEMENT_TYPE] Option to Purchase Agreement for use in [PROVINCE], Canada.

**PARTIES & PROPERTY:**
- Grantor (Seller): [GRANTOR_NAME], [GRANTOR_DETAILS]
- Option Holder (Buyer): [OPTION_HOLDER_NAME], [OPTION_HOLDER_DETAILS]
- Subject Property/Asset: [PROPERTY_DESCRIPTION]

**KEY TERMS:**
- Option Period: [OPTION_PERIOD] (start/end dates)
- Option Fee (Consideration): $[OPTION_FEE] CAD ([REFUNDABLE_STATUS])
- Purchase Price if Exercised: $[PURCHASE_PRICE] CAD
- Exercise Deadline: [EXERCISE_DEADLINE] days before expiry

**SPECIAL REQUIREMENTS:**
[SPECIAL_CONDITIONS]

**INSTRUCTIONS:**
1. Include standard Canadian contract preamble and definitions
2. Draft grant of option clause with irrevocability provisions (where applicable under [PROVINCE] law)
3. Include detailed exercise mechanics (notice requirements, delivery methods per provincial standards)
4. Add due diligence provisions: [DUE_DILIGENCE_TERMS] (inspection periods, document review, financing conditions)
5. Address Canadian tax considerations: GST/HST implications, land transfer tax allocation, and adjusted cost base considerations
6. Include representations and warranties appropriate for [PROPERTY_TYPE]
7. Add confidentiality and non-circumvention clauses
8. Draft assignment provisions (permitted/restricted)
9. Include default and remedy provisions compliant with [PROVINCE] contract law
10. Add governing law clause specifying [PROVINCE] laws and dispute resolution (litigation vs. arbitration)
11. Include standard Canadian closing provisions (title search, registration requirements, closing adjustments)

**FORMAT:**
- Professional legal document format with numbered articles
- Plain language summaries for complex clauses (dual-column or footnotes)
- [LANGUAGE] language (English/French/bilingual considerations for Quebec)
- Include signature blocks with witness/attestation clauses valid in [PROVINCE]

Ensure the agreement protects the Option Holder's exclusive right to purchase while protecting the Grantor's interests during the option period. Flag any [PROVINCE]-specific requirements regarding registration of options against title (e.g., Ontario's land registration system nuances).