MJ1113 said:
  1. First page of the Agreement of Purchase and Sale and any subsequent amendments, if any;
  2. Completed Release and Termination Agreement - dated, signed and witnessed (anyone other than the purchasers can be a witness); - this document was sent as a PDF attachment when they contacted me
  3. Government Issued Identification - for all Purchasers listed on the Agreement of Purchase and Sale and on any subsequent amendments;
  4. In case of Incorporation: Certificate and articles of incorporation, and Release and Termination Agreement to be signed by authorized person of incorporation;
  5. Copies of deposit amounts made; and
  6. Current contact information – including address you wish for the deposit cheque to be mailed;
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I’m assuming I’ll eventually need to present all of this when asked?

So far, I initially rejected the new amendment and received a response from KSV stating that my decision had been noted. About a month later, I received an email from the developer, Elm Developments, claiming they hadn’t received a response and asking whether I intended to proceed with the property. I reiterated my decision to reject and cc’d my lawyer in that reply. Since then, I haven’t heard anything further.
 
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UptownGirl said:
I’m assuming I’ll eventually need to present all of this when asked?

So far, I initially rejected the new amendment and received a response from KSV stating that my decision had been noted. About a month later, I received an email from the developer, Elm Developments, claiming they hadn’t received a response and asking whether I intended to proceed with the property. I reiterated my decision to reject and cc’d my lawyer in that reply. Since then, I haven’t heard anything further.
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I had the exact same thing happen to me, where I was contacted by the developer saying that they hadn't received my response despite me responding to KSV a monthly print to that email. I again emailed my decision to KSV and ELM. Since then haven't heard anything.
Although Meg had said that deposit return emails were being sent out in phases.
 
cngirl said:
I had the exact same thing happen to me, where I was contacted by the developer saying that they hadn't received my response despite me responding to KSV a monthly print to that email. I again emailed my decision to KSV and ELM. Since then haven't heard anything.
Although Meg had said that deposit return emails were being sent out in
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Hi everyone,
I recently received an email from MNP Ltd., acting as Agent for Trisura Guarantee Insurance Company of Canada, regarding the Vandyk Uptowns Project. It refers to a previous communication dated May 29, 2025, from KSV Restructuring Inc. about the Deposit Return Protocol. The email includes a claim notice letter and a Release and Termination Agreement, and it asks for several documents to be submitted through www.mnp.ca/trisurasettlement.

Before proceeding, I wanted to check if others here have received this same notice — and if so, have you already submitted the requested documents? Just looking to confirm that this is standard and part of the official process.
Appreciate any insights or experiences you can share.
Thanks
 
Arpan Banerjee said:
Hi everyone,
I recently received an email from MNP Ltd., acting as Agent for Trisura Guarantee Insurance Company of Canada, regarding the Vandyk Uptowns Project. It refers to a previous communication dated May 29, 2025, from KSV Restructuring Inc. about the Deposit Return Protocol. The email includes a claim notice letter and a Release and Termination Agreement, and it asks for several documents to be submitted through www.mnp.ca/trisurasettlement.

Before proceeding, I wanted to check if others here have received this same notice — and if so, have you already submitted the requested documents? Just looking to confirm that this is standard and part of the official process.
Appreciate any insights or experiences you can share.
Thanks
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Yes, I did. They’re coming out in batches
 
VRathore said:
Sounds good. Thank you. I will still keep checking in here to see the updates.
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Hi, I'm on the same bout, I bought my unit in April 2023, and I got an update that Elm will complete construction in 2027, which is too late. Have you figured out any way to exit ? Please let me know
 
maninder thind said:
Hi, I'm on the same bout, I bought my unit in April 2023, and I got an update that Elm will complete construction in 2027, which is too late. Have you figured out any way to exit ? Please let me know
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I don’t think your outside occupancy date is the same as ours. Don’t think you can terminate.
 
maninder thind said:
Hi, I'm on the same bout, I bought my unit in April 2023, and I got an update that Elm will complete construction in 2027, which is too late. Have you figured out any way to exit ? Please let me know
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Too late for what? What does your APS list as your outside occupancy? People in this thread have been waiting since 2017 for their homes and their contracts have since expired.
 
Kaoskreator said:
Too late for what? What does your APS list as your outside occupancy? People in this thread have been waiting since 2017 for their homes and their contracts have since expired.
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I think they meant when they bought in 2023, they didn't expect for the completion to be in 2027 and 2027 doesn't work for them. Yes, other people have been waiting longer, but everyone has different thresholds.
 
We got an email that we were missing a document (marriage certificate- had a name change during the course of purchase until now) which we sent to them with everything else. So I’m not sure exactly what they are doing..killing time? Very frustrating.
 
UptownGirl said:
Has anyone received their cheque yet?
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Nope. I e-mailed them to ask if there would be tracking on the package with the cheque, to which they said no. When I asked for a timeline, they said to e-mail them at the end of July and they would have a better idea then. So, probably not before August.
 
athundo said:
Nope. I e-mailed them to ask if there would be tracking on the package with the cheque, to which they said no. When I asked for a timeline, they said to e-mail them at the end of July and they would have a better idea then. So, probably not before August.
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Hello Thanks . Are you communicating them on email or any specific Phone number...
 
Mahendra said:
Hello Thanks . Are you communicating them on email or any specific Phone number...
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E-mail. This was directly from MNP, through the Trisura e-mail we have been using for other communications. Haven't corresponded with KSV since the portal went live.
 
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