So, are corner lots good or bad? Well, it all depends. Originally, land was subdivided into lots which were all of the same size. That caused a little bit of …
Disclosure Obligation Backfires for Real Estate Agent
The real estate agent is charged with additional disclosure obligations over that of the seller. In this case, the agent approached the owner of a property inquiring whether he wished …
Disclosure Dilemma of Listing Agents
There are two separate and distinct laws that apply to disclosure when it comes to real estate transactions. There is one law for sellers and another for their “agents”. Seller’s …
Doctrine of Merger ~ Just Simplification
The doctrine of merger is an ancient common law doctrine. Essentially it is just simplification. Let’s look at three examples: 1) Tenant purchases leased land, 2) Purchaser completes the closing, …
Your Database Just Decreased by 92%
So, what are you going to do about it? You sent out emails to your database requesting “express consent”. But, you sent your message out rather late in June and …
Want to Change the Use?
Let’s assume that you want to change the use of the property. What does the agreement say about that? The standard form agreement of purchase and sale says: “9. FUTURE …
Locating Your Front Yard
Where is your front yard? Sometimes, this can be a problem. You want to landscape, but you are not quite sure where to put the brick lamppost and the blue …
Guarantees or Indemnities ~ Which Do You Prefer?
Despite the fact that they are both in common usage, the answer should be clear: Indemnities. In law, a guarantee is an agreement that C will perform IF B fails …
Commencement of Good Faith and Honesty Doctrines
When does good faith and honesty start when it comes to contracts? Well, the first thing that you have to have is a contract. So, that means that the two …
Cancelling the Listing (Early Termination)
What if you have a real estate agent you don’t like? How do you get rid of them? You don’t want to be a complainer, you don’t want to report …