Tarion Delayed Closing & Occupancy Compensation in Ontario: What Buyers Should Know
When a builder misses a firm closing or occupancy date, Ontario buyers may have compensation rights. The notice rules and exceptions decide what is payable.
Ontario Law & Updates
What changed, when it takes effect and who it affects.
Ontario’s property and closing rules change regularly: legislation, regulations, Tarion and HCRA requirements, land registration practice, lender procedures and tax measures. These articles explain what actually changed, when it takes effect and what it means for a transaction in progress, with the effective dates and primary sources set out so you can check them yourself.
When a builder misses a firm closing or occupancy date, Ontario buyers may have compensation rights. The notice rules and exceptions decide what is payable.
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