Deposits in Conditional Deals

Question: No deposit delivered on conditional deal. Does the buyer need a mutual release? I am certain the Seller does not plan to resell, and also the fact that the …

Caveat Emptor Modified

While Buyers may seek to include a clause to ensure that caveat emptor doesn’t apply to the chattels and fixtures, in a signback, the Seller may attempt to reinstate the …

Picture Hook Removal Damage

Question: I am the Listing agent and have a closing coming up. The buyers asked that the sellers filled every hole from photos/art/mirrors etc. and repainted the spots. We removed …

Wire Transfers work at this Time

The traditional “bank draft” or “certified cheque” has been the mainstay of the real estate industry for deposits, and for lawyers completing closings. Right now, it’s problematic. Someone has to: …

The Unopened Road Allowance

This is typical with smaller lakes. There is really no particular need to travel around the perimeter, so the 66 foot road allowance was never opened. This is absolutely ideal …

The Opened Road Allowance

You will come across many areas where the road runs right along the water’s edge. This is an opened road allowance. It’s just like all the other road allowances surrounding …