I thought that you may find the Re/Max Canada outlook for the housing market to be of some interest. This is what is expected of housing prices in various areas …
Matrimonial Home – Spousal Consent
Question: I have a seller and she is on title alone, separated and he moved out. It was a matrimonial home. Two years go by and she can’t afford to …
Mutual Driveway – Found in Title Search- Remedies
Oftentimes, the issue of a mutual driveway will come up in discussions and sometimes Buyers and Sellers alike will wonder where they stand. Question: If the title was searched by …
Buyer Negotiating Partial Refund of Deposit
Question: I’m the Listing Agent. According to my Seller’s lawyer, the Buyer has changed his mind and doesn’t want to close… and would like half the deposit back! Should we …
Indemnification on a Sq. Ft. Misrepresentation
Question: I am trying to understand the indemnification on a misrepresentation. For instance, the listing agent misdescribed the sq. ft. in the listing according to the seller. The buyer put in …
Having My “own” Offer (Ontario)
Question: Offers tomorrow and one is mine. Can I ask another agent to help with the forms, presentation and negotiations? I don’t feel comfortable in multiples, if my own client …
Agent Locked into “Confidentiality” without a Signed Contract
Consider the following scenario: Bob wishes to sell his house It had been used by Bob’s Tenant to grow Marihuana Bob invites 3 Agents to make listing Presentations The first …
Agent Misses the Parking Pad Agreement
This situation was simple enough. Bob acted for Bill in the sale of his property. There was a mutual driveway. It was not quite wide enough to park Bill’s car …
Buyer’s Anticipated Default
Question: Listing sells with a bully offer for a reasonable “month ago” market price (much higher than now), firm and 5% deposit. The Buyers now don’t think they can sell …
Agent Fails to Pay Referral Fee
Steve acted for his two buyers, Albert and Jane. He had a loyalty agreement signed, better known as a Buyer Representation Agreement or BRA for short. The BRA ran from …