vendor terminate a Condominium project

Can a Vendor Terminate a Condominium Project?

Pursuant to Ontario’s Condominium Act, 1998 (the “Act”), purchasers have a 10 day cooling off period following execution of the agreement of purchase and sale during which they can change their minds and back out of their purchases for any reason whatsoever. How about the vendor? How easily can the vendor get out of a transaction? Can a Vendor Terminate …