Required Documents to determine your Pre-Construction Rebate Eligibility:

All documents required should have been provided to you by your lawyer on Final Closing.  If you are missing any documents you will need to request these documents from your lawyer..

1.    Original Purchase and Sale Agreement + Amendments (if any)

1.1  If purchased through an assignment sale, you will need to provide the Original Purchase and Sale Agreement and the Assignment Purchase and Sale Agreement.

2.    Interim Statement of Adjustments (about three pages)

2.1 Not all developers provide an Interim Statement of Adjustments, some Developers may refer to an Interim Statement of Adjustment as “Occupancy Statement of Adjustments”

3.    Final Statement of Adjustments  (about four pages)

3.1 This outlines exactly what was credited to you the purchaser on Final Closing and determines if you are in fact eligible for any rebate(s)

4.    Lease Agreement (if the unit is leased/rented)

4.1 If you are an investor you will need to provide your original lease agreement entered into once you took possession of the property. 

5.    Land Transfer Deed – a form with “LRO #80 TRANSFER” at the top (about three pages).

5.1 This is your title registration.  Transferor “the Developer” Transferee “You”.

6.    (ONLY FIRST TIME HOME BUYER) If this was your residential purchase of a property as regarded as a “First Time Home Buyer”, then we will need a copy of your hydro bill, phone bill, or something that proves that you do in fact live in the residence. We will also need a copy of the Tarion New Home Warranty Certificate.

 Expiration Dates for Rebate(s)

Federal and Provincial Rebate(s) expire:

• Two years from your Final Closing Date

Municipal Rebate(s) Expire:

• Eighteen months from your Final Closing Date

So What Do You Do Now?

Work with a CaProfessional., A specialist whom is knowledgeable in the collection and recovery of these rebates.  Remember, though the government has implemented legislation stating that it is the responsibility of the purchaser to understand and get these rebates, the government is the primary stake holder in that they retain the hundreds of millions of unclaimed rebates.  Use a professional rebates recovery officer. Remember these are funds being collected that you did not know about and your current representatives did not help you with.  Most important, remember, all of these rebates have expiration dates.  So don’t delay.