This is a RECO Discipline case, and as crazy as it may sound it’s true. You just can’t make this stuff up. The Buyer’s agent was obviously anxious. He had …
Customer Service Notices and Receipt
Question: Could or should “Authority to give and receive notices” on behalf of Seller Brokerage’s customer (seller is customer of listing brokerage), or alternatively on behalf of Buyer Brokerage’s customer …
Computation of the Area Shown on an Irregular Survey
Question: How do I figure out the area shown on a survey? I just need an approximation. Answer: There is a little bit of a shortcut here and for other …
Seller Dies Before Closing
Question: I have done a few Estate sales and understand the probate clause, but what happens if the Seller passes away after the house has been sold but has yet …
Disclosure of Unrepresented Buyer in Competing Offer Situation
There is actually an additional disclosure that is required to be made in a Competing Offer situation which is often overlooked. If a Buyer is not represented by a registrant …
Mice in the House – Any Remedy against the Seller?
Question: As it turns out my client has an “infestation” of mice. It will cost $3,000 to get them out through a pest control company. The Home inspector didn’t recall …
Listing a Property with One Seller in Jail
Question: I was approached by a Wife who jointly owns a property with her husband. He was just sent to jail and they don’t get along. She wants to sell. …
Warning Buyers about Noisy Neighbours
By Brian Madigan LL.B. Do you have to warn buyers about noisy neighbours? Actually, it depends upon where you live. If you live in Ontario, you can keep this to …
Land Transfer Tax Pre-Payment Avoids Disclosure of Purchase Price
The procedure is simple, the day before closing the Transfer, together with the Land Transfer Tax Affidavit are taken to the Ministry of Revenue. The tax is then calculated and …
Hourly Compensation For Agents
Question: May I be compensated on the basis of an hourly rate for my services? Answer: Yes, set out below on the sections that apply to compensation. Nothing restricts hourly …