There is a new Trust in Real Estate Services Act, which updates and replaces the Real Estate and Business Brokers Act, 2002. The new Act will govern the activities of …
Spousal Consent: Keep the Spouse Updated
Question: My client has owned her condo for over 20 years. She got married almost 2 years ago. She is now selling her condo and they will purchase a new …
Can You Have an Open Offer Process Now?
Sure, if you want to. There’s nothing to prevent you! The only issue would be a couple of restrictions or limitations: This means that if you wish you could commence …
Property Encroachments
Question: My friend just had a survey done, for the purpose of putting a fence up, and found out the carport and driveway next door extend 15 ft.on his property. …
Employee and Self-Employed Tax Deductions
The taxpayer worked for a car dealership, and was employed as a manager. He had an employment contract and was paid $110,000.00 annually. However, he didn’t want to pay taxes …
Commercial Bond Yields -23 June 2023
Commercial Bond Yields CMB5 Year – 4.02%*CANHOU 06/15/28[+0.03%] 10 Year – 3.82%*CANHOU 06/15/33[-0.07] * denotes interpolated rateGoC5 Year – 3.75%CAN 03/01/28[-] 10 Year – 3.33%CAN 06/01/33[-0.07] 15 Year – 3.36%*Est. 12/01/38[-0.05] 20 …
Anticipatory Breach: Advantages to Seller
The Buyer and the Seller enter into an Agreement on 1 April to convey the property for $1,200,000.00 to the Buyer closing on 30 August. Later in the month of …
Anticipatory Breach: Advantages to Buyer
The Buyer and the Seller enter into an Agreement on 1 April to convey the property for $1,200,000.00 to the Buyer closing on 30 August. Later in the month of …
Rural Property Checklist
If you are a real estate agent and you are submitting an Offer on a Rural Property, there are a number of basic due diligence steps that you will have …
Waiver of Stacked Conditions
If you chose to include several conditions stacked in one clause, that clause might appear as follows: “This Offer is conditional upon: The next step is moving towards an “unconditional …