Which document states the remedies available to a party if conditions are not met?

The Contract of Purchase and Sale is the correct choice because this document outlines the terms of the agreement between the buyer and seller, including the conditions that must be met for the transaction to proceed. Within this contract, there are typically clauses that detail what remedies are available to each party if certain conditions are not fulfilled.

These remedies can include financial penalties, the right to terminate the agreement, or specific performance, which refers to the requirement that the parties fulfill their obligations as per the agreement. The presence of such clauses is crucial in ensuring that both parties are aware of their rights and potential legal recourse in the event of a breach.

In contrast, while a Notice of Violation may inform a party of a failure to comply with the terms, it does not typically delineate the specific remedies available. A Letter of Intent usually serves to express the intention to engage in negotiations or enter an agreement, but does not constitute a binding contract nor specify remedies. A Non-Disclosure Agreement primarily focuses on protecting confidential information and does not relate to the conditions or remedies in a purchase agreement.