Closing & Conditions
交割与条件：firm、押金、贷款条件、验房条件、产权保险、律师 closing。 Going firm, deposits, financing conditions, home inspection, title insurance, lawyer closing.
Can the Seller Use the Buyer’s Deposit Before Closing? Early Deposit Release in Ontario
Trace an Ontario home deposit from delivery to disbursement: the 24-hour Upon Acceptance window, the five-business-day trust deposit rule, what the money does while it waits, and the only routes out of a brokerage trust account, including what changes when the agreement allows early release to the seller.
Selling Your Rental to the Tenant Who Lives There: How the Lease Ends at Closing and Where the Deposit Goes
A money-by-money guide for Ontario landlords selling to their sitting tenant: how rent is split on closing day under Form 100, how the RTA last-month deposit and its interest are settled, when Form 200 commission still applies, and the buyer’s first-time land transfer tax refund.
The Buyer’s Deposit Cheque Bounced. Can I Keep the Deposit and Walk? Read This Before You Do Anything
When a buyer's deposit cheque bounces in Ontario, a seller has three real moves — paper the NSF in writing, demand cure in certified funds on a deadline, and let a lawyer characterize the bounce before acting — and none of them come from the contract. The OREA Agreement of Purchase and Sale has no bounced-cheque clause at all; it fixes who holds the deposit, the 24-hour delivery window, and that time is of the essence, then stops. Broker Arthur Zhao maps what a seller can do, what the form does and does not cover, and why the leverage here is procedural, not contractual.
Deposit Frozen in Trust After a Deal Falls Apart? How Ontario’s Interpleader Process Unfreezes It
Your Ontario deal collapsed, both sides claim the deposit, and it’s stuck in the brokerage’s trust account. Broker Arthur Zhao walks through the interpleader process step by step: why TRESA bars the brokerage from simply paying it out, why a mutual release (OREA Form 122) is tried first, how the deposit holder applies to the Superior Court under Rule 43 to pay the funds into court and let a judge decide, and why “the seller always keeps the deposit” is a myth. Costs and timing vary; this is process education, not legal advice — consult a licensed Ontario lawyer.
Moving Out the Right Way in Ontario: The N9 Notice, the Deposit You Already Spent, and the Inspection That Doesn’t Exist
Here's what catches Ontario tenants off guard on move-out: there is no damage deposit and no legal move-out inspection, so the burden of proving the unit's condition is entirely on you — document it before you hand back the keys. This guide also covers the N9 notice (60 days, ending on the last day of a rental period), how your last month's rent deposit and its yearly interest are settled (2.1% for 2026), and how to sublet or assign if you need to break a fixed term early. Sourced throughout, and written for tenants who would rather get it right than argue later. Verified 2026-08-05.
Pre-Construction Condo Assignment Sales in Ontario: The Complete Buyer and Seller Guide
A complete Ontario guide to pre-construction condo assignment sales: builder consent and fees, deposit and occupancy math, the 2022 CRA GST/HST rule, business income vs capital gain, and the real risks for assignor and assignee.
The Tarion New Home Warranty in Ontario: The 1-, 2-, and 7-Year Coverage Explained
A GTA buyer's guide to Ontario's Tarion new home warranty: what the 1-, 2-, and 7-year tiers each cover, deposit protection limits (up to $100,000 freehold, $20,000 condo), delayed-closing compensation (up to $7,500, $150/day), the 30-Day and Year-End forms, and how it works with the builder's HCRA licence. Source: Tarion / HCRA.
Buyer Closing Costs in Ontario: A Complete Breakdown, With a Real $1M Toronto Example
Ontario buyer closing costs: provincial + Toronto land transfer tax, first-time rebates, legal, title insurance, the 8% PST on CMHC premiums, with a worked $1M example.
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