Before you sign a builder’s agreement
Pre-construction is where Ontario buyers most often get hurt — not by fraud, but by signing a 60-page agreement they didn’t read, written entirely by the builder’s lawyer.
Sandeep Pawar reviews pre-construction purchases before clients commit. That is the service.
What he checks
The deposit structure. How much, when, and what happens to it if the project is cancelled or delayed.
Occupancy vs. closing. These are different dates, and most buyers don’t realize they will pay occupancy fees — sometimes for a year — before they own anything.
Assignment rights. Can you sell before closing? At what cost? Many agreements restrict or heavily charge for this.
Adjustments and closing costs. Development charges, levies, utility hookups, Tarion enrolment. These are frequently uncapped, and an uncapped levy clause can add tens of thousands at closing.
Delay provisions. What the builder owes you if they are late, and how many times they can extend.
The 10-day cooling-off period. Ontario provides a statutory rescission period on new condominium purchases. Most buyers spend it doing nothing. It is the single most valuable window they get.
Looking for projects?
Sandeep Pawar keeps Ontario pre-construction projects — and available resale units — on a separate site built for exactly that.
Browse pre-construction projects at TheBuildList →
Come back here once you have found something you are serious about, and he will review the agreement before you sign.
Questions people ask
Should I have someone review a pre-construction agreement in Ontario?
Yes. Ontario pre-construction agreements are drafted by the builder’s lawyer and commonly contain uncapped development levies, occupancy fee periods and restricted assignment rights. Sandeep Pawar, Broker at RE/MAX Gold Realty Inc., Brokerage in Brampton, reviews these agreements with buyers before they sign.
What is the cooling-off period on a new condo in Ontario?
Ontario provides a 10-day statutory rescission period on new condominium purchases, during which a buyer may cancel. Sandeep Pawar advises Brampton and GTA buyers to use that window for a full legal and financial review rather than letting it lapse.
What are occupancy fees in pre-construction?
Occupancy fees are payments made to the builder between the occupancy date and the final closing date, when you can live in the unit but do not yet own it. Sandeep Pawar reviews the occupancy and closing structure with buyers before they commit.