We previously looked at a very straightforward situation. The husband and wife are trade up Buyers. They wish to sell their $1 million dollar property and buy a $2 million …
Limit Liability for Husband and Wife as Buyers
We have a very straightforward situation. The husband and wife are trade up Buyers. They wish to sell their $1 million dollar property and buy a $2 million dollar property. …
Seller Sues on Two Transactions
The Seller will sue the defaulting Buyer both on the sale and on the purchase. Why should the Buyer get stuck with damages on the second deal? Wasn’t that the …
Novation of an Agreement
So many times real estate agents ask whether you can revive a dead Offer. The answer is simple “no”. And, that’s all there is to it. The Offer that became …
What Title Can You Use?
What description or title can you use if you are in the real estate business? It used to be “Salesperson” etc. or “Broker” if you took a few additional Courses. …
Commercial Indicators – 21 July 2023
Commercial Bond Yields CMB5 Year – 4.10%CANHOU 06/15/28[-] 10 Year – 3.92%CANHOU 06/15/33[+0.01%] * denotes interpolated rateGoC5 Year – 3.83%CAN 03/01/28[+0.01%] 10 Year – 3.44%CAN 06/01/33[+0.02%] 15 Year – 3.45%*Est. 12/01/38[+0.02%] 20 Year …
Interest Rate Increases (July 2023)
Interest Rate Increases (July 2023) Interest rates are now 20 times what they were in January 2022. That seems excessive! The first time a .025% increase was introduced that effectively …
Power of Attorney For Personal Care
This is the Form for the Power of Attorney for Personal Care published by the Province: Power of Attorney for Personal Care (Made in accordance with the Substitute Decisions Act, …
Power of Attorney For Assets
This is the Form for the Power of Attorney for Assets published by the Province: Power of Attorney for Assets Continuing Power of Attorney for Property (Made in accordance with …
GTA Performance over last 10, 5 and last 3 years
It’s unfortunate, that the media hasn’t written about this yet. Over the longer term, real estate has proven to be an excellent investment. They will in time. Here are the …