Question: I am working with Clients and the husband just mentioned that a Realtor gave him a paper not that long time ago and that the husband signed it, not …
The Furniture Deposit in Ontario (Furnished Apartments)
Question: Is it legal to have a security deposit for furniture in Ontario? Answer: Landlords have tried a number of ways to get around the last month’s rent deposit and …
Tell Everyone About Commission Reduction Proposal: RECO Discipline
Betty Crocker was the Listing Agent and hosted a bidding war. One of the agents offered to reduce his commission. The property was listed at $1,198,000.00 and the Listing Agreement …
The Two Parts of Every Legal Decision
If a Judge has issued “Reasons for Judgment”, then you will find that there are two parts: Ratio, and Obiter. In relying upon the case, as a precedent in future …
Should the Listing Agent Insist on Proof if Inspection Fails?
Maybe we simply have a case of Buyer’s remorse! What happens if the Buyer wants out of the deal? Assume that there is a condition upon inspection, and that such …
Should the Listing Agent Get a Copy of the Buyer’s Home Inspection Report?
From time to time, the house just doesn’t pass the “home inspection”. The usual situation would be that the property is listed for sale. An agreement is struck with a …
TRREB November 2021
https://trreb.ca/files/market-stats/market-watch/mw2111.pdf
Should the Agents Be “Present” During an Inspection? (Ontario)
Question: Should the agents be “present” during an inspection? Answer: RECO requires at least one registrant to be in attendance for home inspections (unless the Seller agrees, otherwise). For TREB …
Valid Listing Contract or Not?
Question: Seller signs listing with signature date of August the 5th with commencement date of August 10th for MLS. Seller now decides that he doesn’t want to list it. Is …
Sorry, Just Moving In! (RECO Discipline)
This is just one more “trespassing case”. Here, the Buyers had a deal and the transaction was scheduled to close on 24 April 2015. The Buyers completed the final inspection …