Tag Archives: Real Estate

Ontario’s Real Estate Reforms: Understanding TRESA 2023

  The Trust in Real Estate Services Act (TRESA), effective December 1, 2023, introduces significant changes to the real estate landscape in Ontario, aiming to increase transparency and enhance consumer protection. Here’s an overview of the key changes. Transparency in Offer Process: TRESA allows for the details of competing offers to be shared with other […]

Real Estate Deposits

Why do I need to give a deposit when buying a property? A deposit forms part of the purchase of the property. The deposit ensures that the Buyer has a stake in the agreement and something to lose if they walk away and refuse to close the purchase. How much should the deposit be? The […]