
What Is a Statement of Adjustments in an Ontario Real Estate Closing?
By Karim Eshqoor, BBA, LLB, LLM · Barrister & Solicitor (LSO #83032R) · Barbarian Law® · October 2026 The statement of adjustments is the one-page calculation that sets the balance the buyer pays the seller on closing. It starts from the price, credits the deposit, and splits shared costs such as property taxes, condo fees...
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