From time to time the issue of “related parties” arises. There is an obligation upon real estate agents to disclose a direct or indirect interest in a real estate transaction. …
Gold (as Real Estate)
It is interesting that one of the best performing asset classes over a period of time has been gold. To some extent this is simply a reflection of economic instability, …
Are you related to my cousin Vinny?
Related Parties under REBBA Are you related to cousin Vinny? Well, you were until 31 March 2006 and now you’re not. That’s the “correct” real estate answer! Who are you …
Dual Agency: Resolved
There are certainly some problems with dual agency, the most critical of which is the inherent unresolvable conflict of interest. But, even if it cannot be resolved, perhaps a suitable …
Commercial Indicators – 6 October 2023
Commercial Bond Yields CMB5 Year – 4.73%CANHOU 12/15/28[+0.06%] 10 Year – 4.79%*Est. CANHOU 03/01/34[+0.05%] * denotes interpolated rateGoC5 Year – 4.40%CAN 09/01/28[+0.05%] 10 Year – 4.24%CAN 06/01/33[+0.05%] 15 Year – 4.24%*Est. 12/01/38[+0.04%] …
Who is Your Agent under TRESA?
Interesting question! It always used to be “the Brokerage”. The correct answer under TRESA would be: 1) “the Brokerage”, as above, or 2) the “Designated Agents”). Brokerage Representation This is …
Rental Contracts were Induced by Fraud
In a recent case Thompson v. Ottawa Green Savings (12 September 2023), Justice Sally Gomery concluded that the rental of the air conditioner and water heater were induced by fraudulent …