Defect Disclosures

Question: I am a Listing agent and the property I am about to list has Kitec, vermiculite and a buried swimming pool. Do these have to be disclosed? Answer: Kitec …

Commercial Indicators 24 February 2023

Commercial Bond Yields CMB5 Year – 3.84%*EST. CANHOU 06/15/28[+0.03%]  ‌10 Year – 3.86%*EST. CANHOU 06/15/33[-0.01%]  * denotes interpolated rateGoC5 Year – 3.58%CAN 09/01/27[+0.02%]  ‌10 Year – 3.40%CAN 06/01/32[-]  ‌15 Year – 3.43%*Est. 12/01/36[-0.01%]  ‌20 Year …

Adverse Possession in Rural Area

Question: A property was purchased back in August 2006. New owners have an amicable relationship with the former owners (who are also neighbours) and since purchasing the property from them, …

Mortgage Rates 17 February 2023

At the present time mortgage rates can usually be negotiated on the following basis. Current Mortgage Rates are “A” Lending: Fixed       4.59%* for insured Fixed       5.24% for …

TRESA in force 1 April 2023

RECO publishes the following Bulletin last year: “Government announces key changes to REBBA effective next year April 19, 2022 New rules aim to increase consumer confidence and protection RECO is …