Confirmation of Execution (Ontario)

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)

Confirmation of Execution

The Confirmation of Execution had a difficult history. It was introduced in order to confirm the “time” for the delivery of the deposit, and also the time for the commencement of other conditions if they were based upon the commencement of the contract.

The intention was that the last person to sign the contract, being the Offeree. OREA taught that the “last person to sign” should sign the COE.

In 2008, it was replaced by the Confirmation of Acceptance (COA)

Comments (0)