Categories for Buying & Selling

Understanding the Cooling-Off Period and Status Certificates When Buying a Condominium

Understanding the Cooling-Off Period and Status Certificates When Buying a Condominium When purchasing a brand-new condominium, you’re entitled to a 10-day cooling-off period. This gives you 10 days to cancel the agreement if needed. The countdown begins on the later of these two dates: the day you receive the builder’s ...

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My partner and I are divorcing and selling our home. Can we hire separate real estate agents?

Yes, you can. Selling a home during a divorce can be an emotionally taxing and daunting experience for many, but the right professional can help. Generally, it’s simpler if you can both agree on one real estate agent. However, if that is not feasible, then you can go about it ...

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Who is responsible if damage happens to a home between purchase and closing?

In most binding contracts for real estate transactions – or agreements of purchase and sale – the seller is responsible for maintaining the property until closing. This includes repairs for any damage that may occur before the change of ownership. However, once closing has taken place, the buyer becomes the ...

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If I don’t give my deposit to the brokerage, does it cancel the deal? Ontario

A real estate deal is a big undertaking and can be daunting for many people – especially with the rising cost of living and growing inflation rates in the current economy. If you have signed an agreement to buy a home but are now having second thoughts, or you are ...

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