7.1

Subsection 53.2 (5)

Vendor who receives a notice of rescission from a purchaser fails to promptly refund money to the purchaser as described in the provision.

$50,000

13.

Section 20.1

Licensee fails to refund all money paid by a purchaser or an owner of land or fails to pay interest on a refund as described in the provision.

$50,000

Item

Column 1
Provision Contravened

Column 2
Description of Contravention

Column 3
Maximum Base Penalty Amount

1.

Section 4

Vendor of a new freehold home or a new vacant land condominium home fails to ensure the completion of the applicable document or to ensure the document forms part of the purchase agreement.

$50,000

2.

Section 5

Vendor of a new condominium home in a condominium project fails to ensure the completion of the applicable documents or to ensure the documents form part of the purchase agreement.

$50,000

3.

Section 6

Vendor of a new freehold home on a parcel of tied land for a common elements condominium corporation fails to ensure the completion of the applicable document or to ensure the document forms part of the purchase agreement.

$50,000

4.

Section 7

Vendor of a new freehold home fails to ensure the completion of the applicable documents or to ensure the documents form part of the purchase agreement.

$50,000

5.

Section 8

Vendor of a new condominium home in a condominium project fails to ensure the completion of the applicable documents or to ensure the documents form part of the purchase agreement.

$50,000

6.

Section 9

Vendor of a new vacant land condominium home fails to ensure the completion of the applicable documents or to ensure the documents form part of the purchase agreement.

$50,000

7.

Section 10

Vendor of a new freehold home on a parcel of tied land for a common elements condominium corporation fails to ensure the completion of the applicable documents or to ensure the documents form part of the purchase agreement.

$50,000