In Ontario, there is no set time frame for how long you have to respond to an offer on your home. It is up to the parties involved to come to an agreement on the terms of the sale and the deadline for acceptance of the offer.
Typically, the seller will have 24 to 48 hours to review the offer and decide whether to accept, reject, or counter the offer.
We always recommended consulting with a real estate lawyer for legal advice regarding the sale of your home.
Posted by Frank Polsinello on
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