Ontario Real Estate Licensing Exam Practice · Question
Ontario new pre-construction condo agreements include a statutory rescission period of:
The Condominium Act gives buyers a 10-day rescission period for new pre-construction condos.
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Question: Ontario new pre-construction condo agreements include a statutory rescission period of:
Answer options:
- 3 days
- 7 days ✅ 10 days
- 30 days
Correct answer: 10 days
Explanation: The Condominium Act gives buyers a 10-day rescission period for new pre-construction condos.
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