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\u201cCritical Dates\u201d means the First Tentative Closing Date, the Second Tentative Closing Date, the Firm Closing Date, the Delayed Closing Date, the Outside Closing Date, and the last day of the Purchaser's Termination Period.
The First Tentative Closing Date \u2013 The anticipated date that the home will be completed and ready to move in as agreed upon by you and your builder. All subsequent critical dates are based on this date.
The Firm Closing Date \u2013 The date that you and your builder agree the home will be completed and ready for you to move in. If this date is not met, your builder must set a Delayed Closing Date and you are entitled to delayed closing compensation.
This Addendum is to be used for a transaction where the home purchase is in substance a purchase of. freehold land and residential dwelling. This Addendum contains important provisions that are part of the delayed. closing warranty provided by the Vendor in accordance with the Ontario New Home Warranties Plan Act (the.
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