OREA Residential Condominium Resale: (Form 101) Guidance and Practice Tips

Summary

This practice note reviews the various sections and provisions of the Ontario Real Estate Association ("OREA") Form 101 for a Residential Condominium Resale (hereafter the "Condo") transaction to provide a description of the purpose of each section and the meaning of the terms. The practice note assumes that you are already working with, or have access to, the appropriate OREA form (2022).