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What Is a Buyer Representation Agreement in Ontario?
A buyer representation agreement is a written contract between a buyer and a real estate ...
What Is the 10-Day Cooling-Off Period for Pre-Construction Condos in Ontario?
Ontario law gives every buyer of a pre-construction condo a 10-day cooling-off period ...
What Are a Seller's Disclosure Obligations in Ontario Real Estate?
In Ontario, sellers are legally required to disclose known latent defects that render a ...
What Is the Difference Between a Deposit and a Down Payment in Ontario Real Estate?
A deposit and a down payment serve different purposes in an Ontario real estate ...
What Is an Assignment Sale and How Does It Work in Toronto?
An assignment sale is a transaction where the original buyer of a pre-construction ...
What Is a Conditional Offer in Ontario Real Estate?
A conditional offer is an Agreement of Purchase and Sale that includes one or more ...
Do You Need a Home Inspection When Buying a Condo in Toronto?
A home inspection is not legally required when buying a condo in Toronto, but it is ...
What Land Transfer Tax Rebates Are Available to First-Time Buyers in Toronto?
First-time home buyers purchasing in the City of Toronto can claim up to $8,475 in ...
What Happens on Closing Day When Buying a Home in Ontario?
Closing day is the date your home purchase becomes legally final. In Ontario, your real ...
What Do Condo Maintenance Fees Cover in Toronto?
Condo maintenance fees in Toronto — formally called common expenses — are the monthly ...