Buying and Selling Real Estate in Canada – Ontario (Updated) | JD Supra

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CANADIAN (ONTARIO) LAW –

INTRODUCTION –

Canada, a bijural country, utilizes both common and civil law. Except for Québec, a civil law jurisdiction, the common law operates in all remaining provinces and territories. Real estate transactions conducted in Ontario are governed by laws and rules that are specific to the province. This requires buyers and sellers to remain considerate of the Province’s particularities when transacting. This guide will provide a brief overview of important considerations when buying or selling property in Ontario.