Terms of Use
Danny Macedo, REALTOR®
Please read these terms and conditions carefully before using this site. This site is provided by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage ("we", "us" or "our"). By using this site, you agree to be bound by the terms set out below. If you do not agree with these terms, please do not use this site.
Acceptance of Agreement
By accessing or using this site (the "Site"), located at www.macedorealestategroup.com, you agree to the terms of this Agreement, which constitutes the entire agreement between you and us regarding your use of the Site and its content. We may amend this Agreement from time to time. The current version will always be posted on the Site, and your continued use of the Site after any change constitutes acceptance of the revised terms.
Real Estate Regulatory Notice
This Site is operated in connection with real estate services provided in Ontario by Danny Macedo, REALTOR®, a registrant with the Real Estate Council of Ontario (RECO), operating under Royal LePage Supreme Realty, Brokerage. All real estate services referenced on this Site are provided in accordance with the Trust in Real Estate Services Act, 2002 (TRESA) and the regulations and code of ethics administered by RECO. Nothing on this Site should be taken as a substitute for representation agreements or disclosures required under TRESA.
Copyright
The content, organisation, graphics, design and other elements of this Site are protected by applicable copyright and other intellectual property laws of Canada. You may not copy, reproduce, modify or publish any part of this Site without our express prior written permission.
Modification of Content
We reserve the right, at our discretion and without notice, to edit or remove any content on the Site, including this Agreement.
Indemnification
You agree to indemnify and hold harmless Danny Macedo, REALTOR®, and Royal LePage Supreme Realty, Brokerage, together with their officers, employees and agents, from any liability, loss, damage, claim or expense, including reasonable legal fees, arising from your breach of this Agreement or your use of the Site.
Disclaimer
The content and services provided through this Site are provided "as is" and "as available". To the extent permitted by applicable Ontario and Canadian law, we disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement. The Site may contain errors or omissions. We are not liable for any indirect, incidental or consequential damages, including loss of business or loss of profit, arising from your use of or inability to use the Site, except where such liability cannot be excluded under Ontario consumer protection law.
Nothing in this Disclaimer excludes or limits liability for death or personal injury caused by negligence, for fraud, or for any other liability that cannot lawfully be excluded under the laws of Ontario, including the Consumer Protection Act, 2002.
All information on this Site is provided for general information only and does not constitute professional, legal, financial or real estate advice specific to your circumstances. You are responsible for independently verifying the accuracy of any information before relying on it, including property listings, market data and valuation estimates.
Limits of Liability
We are not liable for any damage caused by viruses or other harmful components that may affect your device as a result of accessing this Site. We will not be liable for incidental, special or consequential damages arising from your use of, or inability to use, the Site.
Third Party Websites
This Site may link to third party websites. We do not control, endorse or take responsibility for the content, accuracy or practices of any linked site. Visiting a linked site is at your own risk, and that site's own terms and privacy policy will apply to you.
Submissions
Any feedback, ideas or content you submit to us through the Site (a "Submission") may be used by us without obligation of confidentiality or compensation to you, except where you have separately agreed with us in writing that a Submission remains your property, or where such use would breach the Copyright Act (Canada) with respect to material you did not create.
Consent to Be Contacted
By submitting your contact details through this Site, you consent to being contacted by Danny Macedo, REALTOR®, by telephone, text message or email regarding your enquiry, in accordance with Canada's Anti-Spam Legislation (CASL). Where consent is required under CASL for commercial electronic messages, we will obtain it before sending such messages. You may withdraw your consent at any time by using the unsubscribe link in any email, by replying "STOP" to any text message, or by contacting us directly at [email protected]. Standard message and data rates may apply. Submitting your details is never a condition of buying or selling any property, or of purchasing any goods or services.
Privacy
This Site collects personal information through its contact and enquiry forms, including at minimum names, telephone numbers and email addresses. That information is collected, used and disclosed in accordance with the Personal Information Protection and Electronic Documents Act (PIPEDA). Because the Site actively collects personal information, a standalone Privacy Policy is required, and should be linked from this page and from every form on the Site, disclosing what is collected, why, who it may be shared with, how long it is retained, and how a visitor can access, correct or request deletion of their information. That Privacy Policy has not yet been drafted and should be treated as an outstanding item before any form on the Site goes live or continues collecting data.
Accessibility
We aim to meet the requirements of the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) in the design and operation of this Site. If you encounter an accessibility barrier, please contact us at [email protected].
Governing Law and Jurisdiction
This Agreement is governed by the laws of the Province of Ontario and the federal laws of Canada applicable in Ontario, without regard to conflict of law principles. Any dispute arising from this Agreement or your use of the Site shall be subject to the exclusive jurisdiction of the courts of Ontario.
Contact and General
This Site is operated by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage, 110 Weston Road, Toronto, Ontario, M6N 0A6. You may contact us at [email protected]. If any provision of this Agreement is found to be unenforceable, the remaining provisions will continue in full force.
Last updated: September 10th, 2026
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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What the Conditions in Your Agreement of Purchase and Sale Actually Mean
When you sign an Agreement of Purchase and Sale in Ontario, the conditions written into that agreement are the only things standing between you and a binding obligation to close. Most buyers see the word "conditional" and assume it means they can walk away for any reason. That is not what it means. Each condition protects one specific thing, and if that thing checks out, the condition is waived and the deal is firm.
Understanding what each condition actually covers, and where its limits sit, is worth doing before you sign rather than after.
The Financing Condition
This is the most common condition in residential offers. It gives the buyer a set number of days, usually five business days, to obtain formal mortgage approval from a lender.
What it protects: your ability to actually get the mortgage. If the lender declines, or approves you for less than the purchase price, this condition allows you to walk away and get your deposit back.
What it does not protect: a change of heart. If your financing is approved and you simply decide you no longer want the property, you cannot use this condition to exit. The condition is about whether the money is available, not whether you still want to spend it.
A pre-approval letter from a bank is not the same as formal approval. Pre-approval means a lender looked at your income and credit and said you likely qualify. Formal approval means the lender has reviewed the specific property, the appraisal, and your full application. These are two different steps, and the financing condition exists because the second one can fail even when the first one went smoothly.
The Home Inspection Condition
This gives the buyer a set number of days to hire a qualified home inspector and have the property examined.
What it protects: the right to know what you are buying. If the inspection reveals something material, a failing foundation, knob-and-tube wiring, active water damage, the buyer can either negotiate a repair, request a price adjustment, or walk away.
What it does not protect: cosmetic complaints. An inspector who notes that the paint is peeling or the carpet is worn is documenting the condition of the home, not giving you grounds to renegotiate the price by twenty thousand dollars. The line between material defect and cosmetic issue is where most disputes land, and it is worth discussing with your agent before you make any request.
In a slower market like the one we are in now, most sellers will accept an offer with an inspection condition. In a hot market, buyers sometimes waive it to compete. Whether that is wise depends entirely on the property, and on how much risk you are prepared to carry.
The Status Certificate Condition (Condominiums)
If you are buying a condominium, this condition gives you time to obtain and review the condominium corporation's status certificate. In Ontario, the seller is required to provide it within ten days of the request.
What it protects: your right to understand the financial and legal health of the building. The status certificate contains the reserve fund study, any pending lawsuits, the current budget, the rules and by-laws, and any special assessments that have been levied or are planned.
What it does not protect: surprises that are not in the certificate. If the board has not disclosed something, the certificate will not catch it. This is one of the reasons a lawyer's review of the certificate is not optional. A trained eye will spot red flags that a buyer reading it for the first time will miss.
The Condition on the Sale of the Buyer's Property
This is the one that matters most to move-up buyers and empty nesters. It makes the purchase conditional on the buyer selling their current home within a specified number of days.
What it protects: the buyer from owning two homes at once. If the buyer's property does not sell, they can walk away from the purchase.
What sellers need to know: this condition usually comes with an escape clause, sometimes called a time clause or a 48-hour clause. It means the seller can continue to market the property, and if another acceptable offer comes in, the original buyer gets 48 hours (or whatever period is specified) to either waive their condition and go firm, or step aside.
This is the condition where sequencing matters most. If you are buying and selling at the same time, the timeline on this condition drives everything else. Getting it wrong by even a few days can cost real money.
What Happens When a Condition Is Not Met
If a condition is not fulfilled within the agreed timeframe, the buyer delivers a notice that the condition has not been satisfied. The agreement is then null and void, and the deposit is returned.
If the buyer does nothing and the deadline passes without a waiver or a notice, the legal outcome depends on how the condition was drafted. Some conditions expire automatically if not waived, making the deal null. Others are drafted so that silence is treated as a waiver, making the deal firm. Read the wording carefully. This is not a place to assume.
One More Thing Worth Knowing
Conditions are negotiable. The number of days, the specific wording, and even which conditions are included are all part of the negotiation. A stronger offer is not always the one with the highest price. It is often the one with the fewest conditions and the shortest timelines, because it gives the seller more certainty.
That said, removing a condition you actually need in order to win a bidding war is a decision with real consequences. The right question is not "can I remove this condition?" It is "what happens to me if the thing this condition protects goes wrong?"
If you are preparing to buy in the GTA and want to understand what your offer should look like before you write one, call me at 416-560-4983 and I will walk you through it.
