Question: When is the deadline to fulfill this preprinted term? Form 101- Clause 17: “APPROVAL OF THE AGREEMENT: In the event that consent to this sale is required to be …
AS IS for Real Estate
Question: How should AS IS be in which exact way: (To be valid in court) ‘AS IS’ “AS IS” AS IS (AS IS) AS-IS Answer: You don’t even have to …
Right to Sue: Limitations Act
Question: A few years ago my late father bought this building which the realtor did terrible leases for. Also the realtor said the income was a certain amount which it …
Commercial Indicators – 30 May 2025
Commercial Bond Yields CMB5 Year – 3.02%CANHOU 06/15/30[-0.02%] 10 Year – 3.64% CANHOU 09/15/35[-0.03%] Floating Rate insured cost of funds3.21%[-] Prime Rate4.95%[-] GoC2 Year – 2.67% CAN 03/01/28[-0.01%] 3 Year – 2.75%CAN 03/01/29[-0.02%] 5 Year – 2.83%CAN …
Basement had No Approvals: Discipline
Robert Smith (not his real name) acted for the Buyers. A summary of the facts: (note: some omissions) 5. On 11 December 2021, the Property for sale on the local …
June 2025 Session
June Session Times June 9, 10 and 11 (Monday, Tuesday and Wednesday) June 16, 17 and 18 (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day June Session …
Agent Selling Own Property
Question: Orea form question – is 602 disclosure needed or it is form 161 that’s needed when you are selling a property that you have interest in? I’ve always only …
Potential Liens upon an Estate Property
Question: A Buyer is offering on a property being sold by the estate of the deceased owner. Nothing is known about the property including whether or not the furnace, a/c …
Document Registration Agreement
Here is the LSO example DOCUMENT REGISTRATION AGREEMENT (This Document is in the Form published on the Law Society of Ontario website on June 10, 2021[1], except for clearly shown …
How to Walk Away from a Deal
Question: The Buyers are still within the Conditional Period, do we really need to Terminate the Agreement of Purchase and Sale, make a letter of explanation, or just a Mutual …