The Supreme Court in British Columbia just considered a case involving attempts to secure financing Drover v. Steer (15 October 2018). Clifford Drover worked for the Canadian Military. He was …
Disposing of Files in Ontario
Question: When can I finally throw things out? I have been in the real estate business for twenty years. What do you have to physically keep when it comes to …
UFFI Considerations (Ontario)
Urea Formaldehyde Foam Insulation or UFFI continues to present a problem for both Buyers and Sellers. The off-gasses are long since gone, but the stigma remains. Essentially, Buyers want a …
Claim Over in Litigation
Parties to a Lawsuit If there is a lawsuit against a party, the person “suing is the Plaintiff and the person who is being sued is the Defendant. Sometimes, there …
Toronto and GTA Markets in June 2022
This is the recently released report of the Toronto Regional Real Estate Board concerning the June 2022 results: “July 6, 2022 – Higher borrowing costs continued to impact home sales …
Waivers are Good Enough!
There are three kinds of Conditions: 1) True Conditions Precedent, 2) Conditions Precedent, and 3) Conditions Subsequent. A True Condition Precedent involves a decision by a Third Party. It cannot …
Schedule “B” Missteps (Herewith)
Schedule B is an extra schedule of terms and provisions included in an Agreement of Purchase and Sale by a Listing Brokerage. It’s not mandatory. A Listing Brokerage will often …
Getting the Spousal Consent
From time to time, this can be quite stressful for real estate agents. One spouse owns the house. Both spouses lived in it. They have broken up and they are …
Re-inspection Before Closing (Ontario)
Question: Does an executory contract give the right to re-inspect prior to closing? Even following the Harkness case, some lawyers do not think the case is decisive enough. Answer: There …
More Matrimonial Home Questions
The title is on the husband’s name. When signing the APS: 1. Is (are) seller’s name only husband or the husband and the wife? 2. If both of them signed, …