Sell your HVAC, plumbing or electrical company

No. In Ontario, a contractor registration is not transferable and expires one year after it is issued. TSSA requires the new owner to apply for its own registration, which is why the application is prepared before closing.

The contractor must notify the Electrical Safety Authority within five days of losing its last designated Master Electrician. It may then continue to operate for 60 days, which the Director may extend by up to 60 days. A Master Electrician may act for only one contractor at a time.

No. Ontario’s Pesticides Act provides that a licence or permit under the Act is not transferable, and an extermination business must hold its own operator licence. In a share sale that keeps the same operator, changed information must be reported within 10 days. Selling a landscaping business

Platform acquirers consolidating residential service brands, private equity funds investing in recurring service revenue, regional operators expanding their territory, and licensed tradespeople acquiring an established business. Maintenance agreements are the asset each group values most.

Since June 6, 2024, consumer goods can no longer support a notice of security interest registered against a home’s title in Ontario, and existing notices of that kind were deemed expired. Rental portfolios are reviewed on that basis in a sale.

In Ontario, technicians the buyer keeps are treated as continuously employed, so their prior service carries over, provided they are rehired within 13 weeks. Gas technician certificates belong to the individual and are not transferable. What happens to your employees