The Ontario Court of Appeal dealt with the issue of the determination of an 11 foot deficiency on a 172 foot depth in Bouskill v. Campea, 1976. Ms. Bouskill was …
Flipping Properties and some Tax Implications
(Ontario) Oftentimes, people will investigate, consider or assist in the renovation of a property for subsequent sale at an increased price. What does this mean? What are the tax implications? …
Joint Tenancy may not be 50/50
Ordinarily, one would think that the proceeds of the sale of property should be divided 50/50 in the case of “Joint Tenancy”. However, that was not the case in Kamermans v. …
Current Use or Present Use in APS
(Ontario) Question: I have received mixed comments about filling in the “current use” section in the standard Form. Some say “fill it in”, others say “leave it blank, it’s the …
Dower Rights in Ontario
Dower rights in Ontario have come and gone. Of course, they came with the “common law” but they went when the Family Law Reform Act was enacted on 31 March …
Agency Questions
Concept of Agency Question: Which of the following statements describes the concept of agency? 1. an agent is a representative who is expected to have greater expertise than the principal …
20% Deposit is Good
The Ontario Court of Appeal just had an opportunity to consider the size of a deposit in an agreement. If it’s too large, it might be struck down as a …
Deposit Too Large to be Forfeited
On occasion, a deposit can be too large. Then, it becomes something of a penalty if it’s lost. The Court has the right to grant “relief from forfeiture” when it’s …
Payment of Commission with a 0% BRA
From time to time, an agent with complete a Buyer Representation Agreement and charge “0 %” in the commission clause. Does this mean that the agent doesn’t get paid if …
Witnessing Signatures Electronically in Ontario
Question: Can we witness docusign signatures? Answer: Yes, but only if you are physically present and see the person actually sign. There’s room on the Form. Only Powers of Attorney …