I’m about to do a major renovation in my home. What kind of paperwork do I need?
Excellent answers to this question were provided by Toronto lawyer Roger Gillott, a partner with the firm Osler Hoskin & Harcourt, at the Law Society of Upper Canada’s annual Real Estate Law Summit.
Last month’s program is the largest annual gathering of Ontario lawyers and Gillott provided many practical tips about what homeowners should be aware of when planning a renovation — and how lawyers can help them in advising on the contracts.
A renovation contract can be simple or detailed. The final agreement should contain all relevant provisions, and properly balance the risks and obligations of all parties involved.