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Understanding the First Dealings Exemption when an Estate is selling Real Estate
In Ontario, navigating the legal intricacies surrounding the sale of property by an estate can be complex. One area that often arises in discussions and can cause confusion is the “First Dealings Exemption.” This exemption can significantly impact the sale process and the distribution of assets for an estate. In this blog post, we will delve into what the First Dealings Exemption entails, its significance, and how it applies to estate transactions in Ontario.