Article
No Guide, No Deal: Ontario Court Voids Condo Purchase Over Missing Buyers’ Guide
An Ontario court has ruled that a builder's failure to deliver the mandatory Residential Condominium Buyers' Guide renders a purchase agreement non-binding, regardless of the purchaser's sophistication or reasons for not closing. The decision reinforces strict compliance requirements under the Condominium Act and clarifies that the 10-day rescission period never begins without proper delivery of all required disclosure documents.
Pallett Valo LLP