Question: Are there any risks for an Owner using a Rent To Own Program? Answer: The problem at the outset is the colloquial expression “rent to own”. If you choose …
Using a Paper Based Planner
I continue to use paper in addition to a Google calendar. I am very disorganized and over the decades I have tried absolutely every system going. They don’t work. It’s …
Using a Very Similar Domain Name to the Developer (Ontario)
Question: A condo developer in the area commenced marketing a new condo project. I have a very similar name. Their condo project doesn’t get the same number of hits as …
Which Agent Gets the Commission?
Question: The first agent had a listing. The contract expired or was cancelled. One Buyer’s agent had a strong interest from their client in the property. Just after the property …
Two Buyers Same Brokerage: That’s Multiple Representation (Ontario)
Question: Let’s assume the following: ABC Brokerage has a listing for 123 Main Street Sales Rep Bob from XYZ Brokerage acts for Bill and puts in an Offer. Sales Rep …
Timing of the Break – Up is Important (Ontario Family Law)
Question: A couple decides to “break up” and she decides to buy a condominium? Does the husband have to sign the spousal consent? Answer: The issue is whether or not …
Story or Storey for House Levels in Ontario?
The British spelling is “storey” The American spelling is “story” When you are talking about the level of a house, in Canada, it’s “storey”. The Canadian spelling recognized as correct …
Competing Offers: The RECO Rules (Ontario)
Question: What are the RECO rules that states that in a multiple offer situation, the listing brokerage must disclose a multiple representation situation? For clarity purposes: Brokerage A lists a …
“Coming Soon” Advertising
Tempted to put a “coming soon” message on a yard sign or in an ad for a property you’ve agreed to sell for a homeowner? Keep in mind that you …
BRA: Wide Reaching ALL of Ontario
Question: I was approached by a Buyer. He signed a Buyer Representation Agreement (BRA), that says “All of Ontario”. Is that legal? The other agent isn’t anywhere near here. Answer: …