Coming Soon Signs

Ontario Question: Can you explain these “Coming Soon” signs I’m seeing all over the place? How does that work? Are the contracts post-dated, but the sellers allow the sign on …

Lack of Property Insurance

(Ontario) Question: My clients are closing soon on their property and they have been inquiring about insurance and they are getting rejected. This is an old end row house. There …

Insurance Clause in Detail

INSURANCE: All buildings on the property and all other things being purchased shall be and remain until completion at the risk of Seller. Pending completion, Seller shall hold all insurance …

Irrevocable Clause: The Time Limit

(Ontario) Question: I understand the meaning of irrevocability in an offer however I’m a bit confused by this statement. “The offer can be revoked only before communication to the other …

Multiple Representation and Referral

(Ontario) Question: If I sent a buyer referral (a Buyer Representation Agreement was signed previously) to a salesperson (different brokerage) in an area I don’t cover, they find a property …