Question: Would a XYZ furnace rental contract appear on the parcel register? Answer: The furnace on the truck on the driveway is a chattel. Once it’s taken downstairs and installed, …
Family Law Act and Matrimonial Home Questions
Questions: 1. If man owned a home before they got married, and then they got married, what does the wife sign on the Agreement of Purchase and Sale. Does she …
Estoppel and Ratification Examples
Estoppel Simple example: For years, I have had my secretary order and pick up a pizza. I pay when I’m in the next week. I can’t simply tell the restaurant …
Conditions and Firming Up
The Notice of Fulfillment (NOF), Waiver and Amendment will all work in firming up a deal. The Amendment is risky to use since it involves 2 parties, whereas the NOF …
Deposit: Yes, but without the INTEREST
We may have a potential dispute. The Buyer submits a 5% deposit, that is, $100,000.00 on a $2 million sale. The difficulty is that there is a dispute between the …
Clawback: Cooperating Commission Clawback
What is the relationship between the Listing agent and some consumer who attends at an Open House? The offer of the co-operating commission is an MLS issue. Fundamentally, it has …
Commission Clawbacks
In relation to Clawbacks in listings “1% reduction for properties show to buyer by listing agent…..”. Here’s RECO’s view. “Dear Mr. XYZ: On behalf of the Real Estate Council of …
Stigmatized Property Disclosure
(Ontario) Question: Does the SELLER need to disclose a stigma to a potential buyer? For example, a former grow house that was fixed and repaired. Answer: Yes, should there be …
Seller’s Video Surveillance of Unsuspecting Buyers
Is that allowed? Is that legal? It doesn’t seem fair! Recent Controversy Recently, a homeowner who wished to sell their property thought that they would help out their own real …
Estoppel and Ratification Distinguished
The two concepts of ratification and estoppel are somewhat similar, but they are different in the sense of the confirmation. In both cases, the agency relationship was not clear and …