Commercial Bond Yields CMB5 Year – 2.89% CANHOU 06/15/30[-0.06%] 10 Year – 3.48%*Est. CANHOU 09/15/35[-0.06%] Floating Rate insured cost of funds3.60%[-] Prime Rate4.95%[-] GoC2 Year – 2.56%CAN 03/01/28[-0.05%] 3 Year – 2.63%CAN 03/01/29[-0.05%] 5 Year – 2.69%CAN …
Solar Blanket: In or Out?
Question: I have an upcoming closing that is causing some issues. Upon visiting the home my clients retrieved a feature sheet that listed numerous upgrades and features of the home. …
Century Home Destroyed by Fire: No Specific Performance
The Buyer had acquire a century home which was destroyed by fire. The Trial Judge determined that the Buyer was not entitled to specific performance because it was no just …
Role of a Lawyer in a Real Estate Transaction
A lawyer may be retained by a consumer in two capacities with respect to a real estate transaction: In many situations, a lawyer is consulted to draft an Offer. The …
Lawyers Acting for Buyers: Paperwork
Question: We have a request from a lawyer that he has a client interested in one of our listings and wants to show them the property He wanted the lockbox …
Commercial Indicators – 14 March 2025
Commercial Bond Yields CMB5 Year – 2.92%*Est. CANHOU 06/15/30[-0.06%] 10 Year – 3.48%*Est. CANHOU 09/15/35[-0.03%] Floating Rate insured cost of funds3.60%[-] Prime Rate4.95%[-] GoC2 Year – 2.57%CAN 09/01/27[-0.04%] 3 Year – 2.63%CAN 09/01/28[-0.06%] 5 Year – 2.69%CAN 09/01/29[-0.06%] 10 …
Commercial Indicators – 7 March 2025
Commercial Bond Yields CMB5 Year – 2.92%*Est. CANHOU 06/15/30[+0.03%] 10 Year – 3.44%*Est. CANHOU 09/15/35[+0.02%] Floating Rate insured cost of funds3.82%[-] Prime Rate5.20%[-] GoC2 Year – 2.59%CAN 09/01/27[+0.06%] 3 Year – 2.63%CAN 09/01/28[+0.03%] 5 Year – 2.68%CAN 09/01/29[+0.03%] 10 …
April 2025 Session
April Session Times April 7, 8 and 9 (Monday, Tuesday and Wednesday) April 14, 15 and 16 (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day April Session …
Builder sets Closing One Day Late: No Escape for Buyer
The Ontario Court of Appeal in Ezidiegwu v. Manorgate Homes on 26 February 2025 confirmed: The appeal was dismissed and costs of the appeal were awarded to the Builder at …
Time of the Essence and 9 minutes Late
The Ontario Court of Appeal looked at a case where the delivery of the funds for closing was 9 minutes late. That was unfortunate for the Buyer since the Seller …
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