Blog

It seems that the first five months of 2019 have been some of the more challenging times in recent memory for developers. While there are…

Many of our readers inquire about what is involved throughout the life of a bonded condominium project. With this in mind, we have created a…

In Ontario, Excess Condominium Deposit Insurance or “ECDI” allows developers access to purchasers’ deposits that would otherwise be tied up in a trust account. Developers…

A commitment letter for a developer bond facility is a 10 page document. There are many parts to this terms letter all of which are…

In Ontario, legislation requires developers to provide financial security for the development of condominiums. Over the past 20 years, surety companies have stepped in to…

Developer surety as you would expect includes surety bond products which are exclusively used by developers mainly for residential projects but also for commercial projects….