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In February 2021, Jonathan Lee, a Toronto-based real estate sales representative, discusses the current hot real estate market in the Greater Toronto Area. He emphasizes the significance of the Agreement of Purchase and Sale, a standard document produced by the Ontario Real Estate Association. Lee specifically focuses on Form 100, designed for freehold properties, which involve purchasing the entire land on which a home is situated. While variations exist for condominiums and other property types, he plans to highlight the main points relevant to any real estate transaction. The Agreement of Purchase and Sale acts as a foundational element of the offer process, pivotal for both buyers and sellers.