In pre-construction agreements, the Outside Occupancy date specified in the Agreement of Purchase and Sale (APS) is crucial. It’s the one part of the APS that favors buyers, detailed in the Tarion Schedule for delayed occupancy compensation. If the builder fails to meet this date, it triggers compensation where Tarion may pay you $150 per day, up to a cap of $7,500. This ensures accountability if the builder misses deadlines, putting financial responsibility on them.