(Ontario) Question: House sells multiple offers! Winning offer over asking. Seller accepts offer conditional on inspection and financing. Good deposit. Home inspection reveals possible moisture issue in basement. Buyer looks …
Lawyers and Real Estate Commissions in Ontario
Question: Is a lawyer entitled to a real estate commission? In this case, the lawyer is also the Buyer. I received an inquiry from a Lawyer, who also is the …
Lawn Maintenance and the Tenant’s Responsibilities (Ontario)
Question: I leased a detached home recently. The Landlord put a couple sentences in one of the schedules about the Tenant cutting the grass and shoveling the snow. I now …
Landlord Cancels Contract (Ontario)
Question: Tenant applies to a rental owned and/or managed by a rental management company. Tenant is accepted, lease signed, deposit remitted and accepted. Tenancy due to begin August 1, 20xx. …
Guarantor or Indemnifier?
A third party, guarantor or indemnifier, undertakes to be responsible for tenant’s obligations upon default. Real estate practitioners involved with commercial leases often encounter landlord requirements concerning guarantors or indemnifiers. …
Earned Commission: Buyer Agent Protection
There are indeed different commission arrangements for both the selling and buying sides. From a legal perspective, it is the Seller who pays both. From an economic perspective, the imposition …
Dividing up the Matrimonial Home Between Spouses (Ontario)
There are two issues under the Family Law Act concerning a matrimonial home: Possession, Equity. The Act says that you can’t deal with the issue of possession. But, of course, …
Deposit is Irrelevant to Contract Formation in Ontario
The concept of a deposit is irrelevant to contract formation. It is just purely and simply another term in the contract. In fact, it’s not even a necessary term. There …
Disclosure by Registrant Seller or Buyer
Ontario Question: I understand if an agent is related to a transaction, a disclosure is a must. I’m confused whether a disclosure is necessary if an agent represents another agent …
Deed Restrictions or Restrictive Covenants on Title
Question: Sometimes deed restrictions conflict with the zoning , that is, zoning permits a duplex and a restrictive covenant does not. If during the title search the lawyer discovers that, …