ARTICLE
3 August 2026

What Ontario Home Sellers Should Know About Shortfall Sales (Video)

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Devry Smith Frank LLP

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Since 1964, Devry Smith Frank LLP – conveniently located in Whitby, Barrie and headquartered in the Don Mills area of Toronto, has been a trusted advisor and advocate for corporations, individuals, and small businesses. Our full-service Canadian law firm is comprised of over 175 dedicated legal and support staff, delivering personalised and transparent legal expertise in virtually every area of law.
Ontario's 2026 real estate market presents unique challenges for homeowners attempting to sell properties with minimal equity. Real estate lawyer Paria Rad explores the complexities of shortfall sales, examining the potential pitfalls of firm offers and emphasizing the critical importance of legal consultation before executing any Agreement of Purchase and Sale.
Canada Real Estate and Construction
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Ontario’s 2026 real estate market has created challenges for homeowners selling properties with limited equity.

In this video, Ontario real estate lawyer Paria Rad discusses shortfall sales, the risks of accepting a firm offer, and why sellers should consult a lawyer before finalizing an Agreement of Purchase and Sale.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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