	      Category	    

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.

买家 · Buyer 细分Buyer subtopics 工具与知识库Buyer Toolkit & Reference 交割与条件Closing & Conditions 公寓专题Condo Buyer Guide 首次 · 新移民 · 投资First-Time, Newcomer & Investing 出价策略Offer Strategy 税法与监管Tax, Legal & TRESA 看房与验房Viewing & Inspection

	      Closing & Conditions	    

How Pre-Construction Deposits Work in the GTA — and Exactly How Much Tarion Protects

How are GTA pre-construction deposits staged? What does Tarion deposit protection cover for condos vs. freehold homes? How much do you recover if a builder cancels or goes bankrupt? Arthur Zhao breaks down the deposit structure, the coverage limits, and how it differs from a resale deposit held in trust.

	      Jun 14, 2026	    

	      Closing & Conditions	    

How Ontario’s Last Month’s Rent Deposit Really Works: One Month Max, Interest Owed, Not a Damage Deposit

In Ontario, a landlord can only collect a last month's rent deposit (at most one month for monthly tenancies), usable only for the final month's rent — not as a damage deposit. Landlords must pay annual interest equal to the rent-increase guideline, which is 2.1% in 2026. Here's how much can be collected, how interest works, what's illegal, and what to do if an illegal deposit was taken.

	      Jun 12, 2026	    

	      Buying	    

If You Have Title Insurance, Do You Still Need a Survey (RPR)? They’re Not the Same Thing

Buying in Ontario, do you still need a survey/RPR if you have title insurance? Per the Association of Ontario Land Surveyors and others, a survey (RPR) is a surveyor's professional opinion on boundaries, structures, and easements; title insurance is a financial product that pays out after you buy and won't tell you where your boundaries are. A southern Ontario survey is typically $1,700–$2,200. Here's the difference.

	      Jun 11, 2026	    

	      Buying	    

Who Holds Your Deposit, and Where? Ontario’s Trust Account and Deposit Rules Explained

When buying in Ontario, who holds your deposit and where? Per RECO and Ontario Reg 567/05, the deposit is usually delivered within 24 hours of acceptance, is around 5% of the price, and is held by the listing brokerage in a trust account, protected by RECO deposit insurance (up to $200,000 per claim). Here's the full picture, including what happens to the deposit if the deal collapses.

	      Jun 11, 2026	    

	      Closing & Conditions	    

The Pitfalls of Condo Assignment Sales: Taxes, Buyers, and the Builder

Assigning a pre-construction condo needs the builder's consent and often a fee; since May 2022 assignments are taxable for GST/HST; and since 2023 profit on property held under 365 days is fully taxed as business income. Here are the four pitfalls.

	      Jun 10, 2026	    

	      Closing & Conditions	    

Pre-Construction Condo Closing, Start to Finish: Interim Occupancy, PDI, and Final Closing

Closing on an Ontario pre-construction condo happens in three stages: interim occupancy (you pay occupancy fees), the Tarion PDI inspection, and final closing after the corporation registers. Here's each step, plus the 1-2-7 year warranty structure.

	      Jun 10, 2026	    

	      Closing & Conditions	    

How Tarion New Home Warranty Works in Ontario: From PDI to Filing a Claim

How does Tarion new home warranty work in Ontario? Understand the 1-, 2-, and 7-year coverage, the PDI, the 30-day and year-end forms, MyHome claim timelines, and delayed-occupancy compensation. A broker's plain-English guide.

	      Jun 8, 2026	    

	      Closing & Conditions	    

Ontario’s Tarion New Home Warranty: What 1, 2, and 7-Year Coverage Means

Every new freehold home and new condo in Ontario carries a mandatory Tarion warranty. Here's what the 1-, 2-, and 7-year tiers cover, the deposit-protection caps, delayed-closing/occupancy compensation, what's excluded, the statutory claim forms, and how the HCRA now licenses builders separately from Tarion.

	      Jun 7, 2026	    