Hot water tanks are fixtures. It doesn’t matter if it’s a rental, it’s still a fixture. They go with the house (even if nothing is said). If you want to …
Flicking the Lights on the Front Porch – Acceptance?
Bob went to see a property listed by Mary. Her client was vulnerable in terms of her immune system and consequently they took every measure to avoid personal meetings. Bob …
The Legal Definition of “Acceptance”
communication Since the art of negotiating is very much part of every real estate deal, and it is the offer and the acceptance of that offer that creates the binding …
Can Agent Keep the Extra Commission?
Let’s suppose that Bob the Buyer is very interested in purchasing a house in a certain area. Bob contacts Fred who is an agent working that targeted area. Fred doesn’t …
Contract Creation
There are a few things to consider when we are talking about a contract. First of all, you have to get it going in the first place. There are two …
Amendments and Changes to an Offer
(Ontario) Question: With a conditional offer in which the conditions are about to come off, what is the correct form (with Notice of Fulfillment) to change the date and add …
BUYERS’ REP AGREEMENTS
Question: I showed at least 20 properties and made 3 offers on properties with a Client under a BRA. They purchased a property through another agent (listing agent) the week …
Cooperating Brokerage Sues Seller Directly For Commission
Is this even possible? In this situation, the Cooperating Brokerage was not paid its commission in full as provided in the MLS Listing. So, the Brokerage sued the Seller/Owner directly. …
Amending Agreements, Satisfying Conditions, Waiving Provisions
There are two methods to handle these matters: Long form, Short form. Long Form Method Let’s assume that you have a Condition included in an Agreement which reads as follows: …
Time for Executing the Amendment
This is a frequent question. Time and time again, agents inquire about executing an Amendment to an Agreement “after the fact”. So, “no” you can’t revive the old contract. What …