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How Close to Closing Can a Buyer Back Out in Ontario?

In Ontario, a buyer can technically refuse to close at any point right up until the deal is finalized on closing day. Once an offer becomes firm, though, refusing to close is a breach of contract. See, after conditions are waived, a buyer no longer has a contractual right to walk away. And doing so can expose them to serious financial and legal consequences. Read on to learn how buyer rights before...