closing costs

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.

Ontario Pre-Construction Final Closing: Complete Process & Pitfall Guide

The complete Ontario pre-construction closing roadmap: from PDI inspection and Tarion warranty to Interim Occupancy and Final Closing — with timelines, closing-cost breakdowns, and the traps that catch first-time buyers. Arthur Zhao's practical guide.

Is Preconstruction Really Cheaper Than Resale? 5 Hidden Costs

Is Preconstruction Really Cheaper Than Resale? 5 Hidden Costs | Arthur Zhao AZ AZ Real Estate Partners Preconstruction · Real Cost Comparison Is…

The Real Estate Lawyer’s Role in Ontario: What They Do and How Long It Takes

Ontario law requires a lawyer for every real estate transaction. Arthur Zhao explains what your lawyer does, when to engage them, costs to expect, and the non-resident tax clearance certificate requirement.

The Complete Ontario Home Buying Process in 2026: A Step-by-Step Guide

AZ REAL ESTATE The Complete Ontario Home Buying Process in 2026:A Step-by-Step Guide Arthur Zhao · AZ Real Estate Partners KEY TAKEAWAY Buying a home…

30-Day Closing Checklist: 7 Things to Do Before You Get the Keys

Ontario · Home Buying 30-Day Closing Checklist 7 Things Before You Get Keys Signed the APS? Your work isn’t done — don’t miss these ↓ Many buyers think…