renovate-old-home
So your retirement plan is in place, and the first step is to downsize your home.  For many of us, preparing a home for sale can include spending some time and money on upgrades or repairs.

Whether you’re interested in installing new kitchen cabinets or making necessary repairs to your roof, if you’re hiring a professional for the job you’ll need a written contract.

In Ontario, any agreement with a contractor worth more than $50 must be in writing. This means that you should have a contract even for small home renovations or repairs. And, if the contract is signed in your home, you are also entitled to a 10 calendar-day cooling off period. Within these 10 days, you may cancel your contract without having to provide a reason or pay a cancellation fee.

View this video to understand your rights when starting home renovations or repairs.

Resource from Consumer Protection Ontario  www.ontario.ca