Cleanliness on Closing

Question: Client bought a house with a long six (6) month closing. House was in great condition when the deal was signed. The Buyer visited the premises two (2) weeks …

Chattels Clause in the Agreement

One of the clauses that often gives rise to issues in the Agreement of Purchase and Sale, is the Chattels clause. Set out below is the standard form OREA chattels …

Central Vacuum System in Disrepair

Question: An Agreement of Purchase and Sale contains the following warranty: “all chattels and fixtures shall be in good working order of the  closing date” A Professional Home Inspector delivers …

Can the Buyer Take Back Her Offer?

This is actually a question which arises all the time. Some people will say “yes” and others will say “no”. Let’s have a look at the sequence of an Offer. …

Buyer Renting Out the Seller’s Property

Question: Can the Buyer following an Agreement of Purchase and Sale advertise the address, use MLS photographs and bring prospective renters through on the “revisits”. Answer: There are several important …