It’s getting a little close to the TRESA Phase 2 commencement, and the RECO Information Guide is still “coming soon”. This could be a separate and distinct document or perhaps …
Information Guide from RECO for Consumers
It’s getting a little close to the TRESA Phase 2 commencement, and the RECO Information Guide is still “coming soon”. So, here is the actual legislation covering this General Information …
Justification for Multiple Representation
This was an article published several years ago, when “multiple representation was under review in many jurisdictions throughout the United States. It now is topical, in Ontario, since it still …
Downtown Toronto Condos
Over the last 5 years just about every little piece of land in the central core has been turned into condos. Developers have had a field day. From the moment …
Residential Tenancies Act ~ Evictions
If you are a residential landlord or you are contemplating becoming one, you should have a look at some of the rules. The Residential Tenancies Act came into force in January 2007, …
Small Apartment Complexes
A number of clients will ask about small multi-unit apartments. Are they good investments? Do they make sense? What’s the cash flow? How do you manage tenants? And, more importantly, …
Disclosure Documentation for Known, Latent, Material Defects under TRESA
We all know that there is a brand new obligation arising under TRESA, and that is the disclosure of known, latent, material defects by the Listing agent. This is not …
When do you have to explain TRESA?
The answer is NOW! You don’t wait until 1 December 2023. That’s if you are entering into any kind of an agreement with anybody. If you have no one at …
Commercial Indicators: 10 November 2023
Commercial Bond Yields CMB5 Year – 4.25%CANHOU 12/15/28[+0.03%] 10 Year – 4.42%*Est. CANHOU 03/01/34[+0.04%] * denotes interpolated rateGoC2 Year – 4.54%CAN 11/01/25[+0.03%] 3 Year – 4.22%CAN 09/01/26[+0.03%] 5 Year – 3.90%*CAN …
Clocks Turn: When’s the Deposit Due?
The clocks were all set back one hour on 5 November 2023. This is a time when many real estate agents want to get their message out to the public: …