Key Financial and Legal Risks in Residential Pre-Construction Contracts

Disclaimer: This video is not legal advice. Consult with a qualified legal professional for advice tailored to your circumstances.

This video highlights the key financial and legal aspects of residential pre-construction contracts that can impact your costs and obligations. We cover deposit requirements, the cooling-off period for condos in Ontario, and hidden fees that may arise at closing.

Understanding these elements can help you avoid unexpected expenses and make informed decisions. Ontario real estate lawyer, Jonathan Dippolito of Devry Smith Frank LLP and Woitzik Polsinelli LLP, focuses on a range of real estate matters, including pre-construction and newly built properties. Admitted to practice in Ontario and New York, Jonathan draws on his extensive experience to address potential uncertainties and financial implications, providing practical solutions tailored to each client’s situation.

For legal support in pre-construction matters, contact Jonathan Dippolito at jonathan@durhamlawyer.ca or 289-220-3229.