From the Journal·Checklist·Ontario asset purchase
PPSA search-to-discharge checklist for an Ontario asset purchase
This 10-page decision tool helps an Ontario business buyer test Risk, Price and Timeline and choose a bounded response before purchase funds move.
What is inside
- 01Purpose and useConnect seller identities and purchased assets to search results before funds move.
- 02Risk, Price and TimelineWork through observable checks, reasons and three condition-to-action positions for each axis.
- 03Verification records, responsibility and retentionRecord purpose, responsibility, retention and the comparison each source supports.
- 04Cost exercise and five questionsWrite the closing adjustment, compare it with funds and prepare five questions for counsel.
- 05Next-step pathsCompare documented clearance, controlled follow-up, or renegotiation, delay or stop.
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Ontario licensedLSO Reg. 91022I
Toronto officeReal estate and corporate practice
English and PortugueseBilingual representation
Plain languageOwner-readable legal writing
Why we built this
A purchase price can stop describing the real bargain when payouts, holdbacks, delay costs or discharge obligations remain outside the closing record.
The tool applies DRG Law's owner-decision method: make Risk, Price, Timeline, the decision and the next step clear before funds move, using the same counsel frame as the Counsel Note and Clause in the Margin.
From Damaris
This checklist provides general legal information for planning and verification. It is not legal advice for your situation; DRG Law has not reviewed your transaction or accepted an engagement through this resource.
Damaris Regina Guimaraes
DRG Law Professional Corporation
DRG Law Professional Corporation