Commercial Bond Yields CMB5 Year – 3.19%CANHOU 12/15/29[-0.08%] 10 Year – 3.62%*Est. CANHOU 03/15/35[-0.07%] Floating Rate insured cost of funds4.50%[-] Prime Rate5.95%[-] GoC2 Year – 3.02%CAN 09/01/27[-0.08%] 3 Year – 3.00%CAN 09/01/28[-0.07%] 5 Year – 3.00%CAN 09/01/29[-0.08%] 10 Year …
December 2024 Session
December Session Times December 2, 3, and 4 (Monday, Tuesday and Wednesday) December 9, 10 and 11 (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day December Session …
Conditions: Do You Need Waivers?
Let’s have a look at two clauses: No Waiver “This Agreement of Purchase and Sale is conditional until 9:00 p.m. on the 25th day of November, 202_, (“Due Diligence Date”) to …
Related Parties: Disclosure to Whom?
There’s an OREA Form 160 which is used for related party disclosure. The problem is that it is often used frequently to disclose situations which do not require disclosure. Bob …
A Decade Since Bhasin v. Hrynew
The Supreme Court of Canada released its decision in Bhasin v. Hrynew late in the afternoon on 13 November 2014. That meant that no one really “knew” about it until …
OREA: Whitepaper Conclusions
OREA concluded with the following Summary: “CONCLUSION Overhauling legislation governing an entire profession is a massive undertaking, with real estate reform work spanning several years since the Government of Ontario …
OREA: Strengthen the “Cooling Off” Period for Registration Revocations
OREA: Strengthen the “Cooling Off” Period for Registration Revocations This is the Proposal from OREA: “RECOMMENDATION #9: Increase the mandatory “cooling off” period following a registration revocation to two years …
OREA: Eliminate the Financial Incentive for Bad Behaviour
This is the Proposal from OREA: “RECOMMENDATION #8: Grant RECO the ability to order disgorgement, thereby forcing a registrant to repay all, or some, of the profits earned through a …
OREA: Deterring Bad Behaviour with Stronger Penalties
OREA is recommending stronger penalties against real estate agents. They just made this recommendation. All this is great and it makes some sense, but you do remember that the Auditor …
Designated Representatives and the Agency Appointments
With the new TRESA legislation coming into force on 1 December 2023, a number of changes were made to the practice of real estate. For agency appointments, there are now …
- Page 1 of 2
- 1
- 2