Question: Contracts in Ontario are voidable by minors. If so, why would anyone ever deal with a minor? Answer: The intention is to prevent adults from taking advantage of minors …
The Duty to Disclose Kitec Plumbing by Real Estate Agents
Just what is Kitec? Kitec plumbing is made up of flexible aluminum pipe between an inner and outer layer of plastic pipe (PEX pipe) with brass fittings. Kitec was sold between 1995 …
Submitting Three Offers on 3 Properties at the Same Time
Question: I am a Buyer’s Agent and I have a buyer who has seen 3 houses. He wants to put in Offers on all of them. They are all holding …
Fundamental Difference Disclosure
Stigma Disclosure in Canada Revisited For years, I followed what I believed to be the traditional advice of lawyers concerning disclosure and caveat emptor. Basically, there had to be a …
Signing the Acknowledgement in Advance
Question: Is it OK to sign the Acknowledgement on standard form OREA Agreements of Purchase and Sale in advance. I have noticed that may agentys do this. It would be …
Seller Might Die Before Closing
Question: What happens if the Seller dies before the closing date? The Seller has already signed an Agreement of Purchase and Sale by an Attorney pursuant to a Power of …
Seller Can’t End the Deal Because of Separation Issues
Question: I am the Listing Agent. The Sellers, a young husband & wife are both on title, and they have been separated for only a few months without filing for …
Multiple representation and customers
Have a look at this Registrar’s Publication: “Ask the Registrar: Multiple representation and customers March 30, 2017 Do multiple representation disclosure requirements apply when you’re representing one client and one …
MLS Listing Acknowledgement
(Ontario) Question: I just noticed that there are two lines for the date to be inserted at the end of the MLS Form. Why is this? Answer: The first line …
Lawsuits in the GTA arising from the 2017 Spring Market
This article was written in June 2017. This was the first time in a long time (2008) that the real estate market fell so drastically. Indeed, there were lots of …