1. Acceptance of Terms

By accessing and using the Downsizing Journey Financial Calculator (the "Service" or "Calculator"), you agree to be bound by these Terms of Use. If you do not agree to these terms, please do not use this Service.

2. Service Description

The Downsizing Journey Financial Calculator is a web-based tool designed to help Ontario homeowners aged 50+ explore financial scenarios related to downsizing their homes. The Calculator provides estimates based on user inputs for informational purposes only.

3. Disclaimer of Professional Advice

You should consult with qualified professionals before making any financial decisions, including:

• A licensed financial advisor or planner
• A real estate lawyer
• A certified public accountant or tax professional
• A qualified real estate agent
• A mortgage broker or lender

4. Accuracy of Information

4.1 User-Provided Data

The accuracy of calculations depends entirely on the accuracy and completeness of the information you provide. We are not responsible for errors resulting from inaccurate, incomplete, or outdated user inputs.

4.2 Tax Rates and Regulations

While we make reasonable efforts to maintain current Ontario land transfer tax rates and other financial regulations, these rates are subject to change by government authorities. We cannot guarantee that all calculations reflect the most current rates at all times.

Important: Tax rates are automatically updated through our monitoring systems, but there may be a delay between when rates change officially and when they are updated in our calculator.

4.3 Market Conditions

Real estate market conditions, interest rates, investment returns, and other financial factors can vary significantly and may differ from the assumptions used in this Calculator. Past performance does not guarantee future results.

5. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY ONTARIO LAW:

• The Calculator is provided "AS IS" and "AS AVAILABLE" without warranties of any kind, either express or implied
• We do not warrant that the Service will be uninterrupted, error-free, or free from viruses or other harmful components
• We shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of or inability to use the Service
• We are not responsible for any financial losses, missed opportunities, or adverse outcomes resulting from decisions made based on Calculator results
• You use this Calculator entirely at your own risk

6. User Responsibilities

By using this Service, you agree to:

• Provide accurate and truthful information
• Use the Calculator only for lawful purposes
• Not attempt to interfere with or disrupt the Service
• Not attempt to access unauthorized areas of the system
• Verify all calculations with qualified professionals before making financial decisions
• Acknowledge that you bear full responsibility for decisions made based on Calculator results

7. Intellectual Property

All content, design, algorithms, and functionality of the Calculator are protected by copyright and other intellectual property laws. You may not copy, modify, distribute, or create derivative works without express written permission.

8. Privacy and Data Protection

Your use of this Service is also governed by our Privacy Policy, which explains how we collect, use, and protect your personal information in compliance with PIPEDA and Ontario privacy laws. Please review our Privacy Policy for details.

9. Consumer Protection Act Compliance

This Service is provided in compliance with the Ontario Consumer Protection Act, 2002. We are committed to:

• Providing clear and comprehensible information
• Avoiding false, misleading, or deceptive representations
• Being transparent about the limitations and estimative nature of our calculations
• Respecting consumer rights under Ontario law

10. Specific Disclaimers

10.1 Ontario Land Transfer Tax

Land transfer tax calculations are based on current Ontario provincial and Toronto municipal tax rates. These rates are subject to change by government legislation. The Calculator automatically updates tax rates through monitoring systems, but cannot guarantee real-time accuracy.

Always verify current tax rates with the Ontario Ministry of Finance or the City of Toronto before finalizing any real estate transaction.

10.2 Investment Projections

Investment growth projections are hypothetical illustrations based on assumed rates of return. Actual investment returns will vary and may be higher or lower than projections. Past performance does not guarantee future results. Markets can be volatile, and you may lose money.

10.3 Mortgage Calculations

Mortgage calculations are estimates based on standard amortization formulas. Your actual mortgage terms, interest rates, and payments may differ based on lender requirements, your credit profile, down payment amount, and other factors.

10.4 Real Estate Values

The Calculator relies on user-provided estimates of property values. Actual sale prices or purchase costs may differ significantly from these estimates. Always obtain professional appraisals and market comparisons.

11. Modifications to Service and Terms

We reserve the right to modify, suspend, or discontinue the Service at any time without notice. We may also update these Terms of Use periodically. Your continued use of the Service after changes constitutes acceptance of the modified terms.

12. Governing Law and Jurisdiction

These Terms of Use are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. Any disputes arising from these terms or your use of the Service shall be subject to the exclusive jurisdiction of the courts of Ontario.

13. Severability

If any provision of these Terms of Use is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

14. Contact Information

For questions about these Terms of Use, please contact: