Lawyer Lisa Corne Interviewed by BNN Regarding Developer Property

September 25, 2017
Toronto Lawyer Lisa Corne was recently interviewed by BNN for the article titled “Five things to know before buying property from a developer.”

Unlike buying a previously-owned home, purchasers will have to deal with sometimes tricky contracts and specific rules that come along with buying from a developer. For example, developers hold the cards for purchase agreement terms.

“Unfortunately the contracts purchasers are asked to sign are very developer-friendly, and contain clauses that effectively waive rights that purchasers would otherwise have,” said Ms. Corne.

She recommends that purchasers fully read through the contract, and take it to a lawyer. “Even if it’s an unfavorable agreement, you’re aware of what you’re getting into.”

To read the full article, please click here.
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