Ontario has announced a proposed new home rebate that could have a significant impact on buyers of new construction and pre-construction homes. But with details still evolving and the legislation not yet in force, many purchasers are left wondering how these changes may affect their transaction.

In this video, real estate lawyer Jonathan Dippolito discusses what buyers should know about the proposed rebate, how it may interact with existing HST rebate programs, and why it is important to carefully review the terms of an Agreement of Purchase and Sale before moving forward with a purchase. If you’re considering buying a new home in Ontario, this is an update you won’t want to miss.

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 advice regarding residential real estate transactions and pre-construction purchases in Ontario, contact Jon at jonathan@durhamlawyer.ca or 289-220-3229.

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