Which renovations go right to your bottom line? Whether you are looking to buy a fixer-upper or renovate your existing home to improve the quality of life for you and your …
Bathroom Mirrors- Are they Included?
Interesting question! Actually, they do fall close to the gray area. The answer is: sometimes “yes” and sometimes “no”. First, we have to figure out whether or not they are …
The Expression “As Is” is without meaning in Ontario
Question: I am looking at a Listing that says the property “AS IS”. What exactly does that protect the seller from, if anything? Answer: The “as is” clause often added …
A Very Poor Explanation of the Buyer Representation Agreement
The Buyer Representation Agreement requires explanation in order to be enforceable Judge J.B. McNulty delivered a Judgment in the case of Century 21 People’s Choice Realty Inc. v. Saleem on …
Spousal Intestacy
If a husband and wife are married with two kids and the husband who is the only one on title only passes away, what happens, if there is no Will?, …
Brokerage’s Schedule “B” Deposit Clause favouring Sellers
Here’s a clause being used by some Listing Brokerages, as set out in their Schedule B’s: “Once this Agreement becomes unconditional, should the Buyer fail to complete this agreement on …
Capital Gain on Townhouse
A young man owns a property 50/50 with a friend until he meets his girlfriend and wants to settle down. Facts: 1- young man A, has a townhouse with his …