The issue of Rental Items has now become quite important in an Agreement of Purchase and Sale. This is the Rental Clause in the standard form OREA Agreement of Purchase …
Registering an Offer in Ontario
Question: What does registering an Offer mean? Answer: This is a term which causes confusion. The difficulty in part arises by reason of the fact that there is no such …
Don’t Forget to Alter the Standard Photographer’s Contract
Let’s start with the proposition that the photographer will own and retain the copyright in the photographs and you will have the right to use them. Ownership and Copyright Actually, …
Photographic Contracts and Copyrights
There are a number of standard form contracts for photographers. When it comes to the “copyright issues” here are three examples: 1) FILM and COPYRIGHTS: The photographs produced by the COMPANY …
Listing Agreement POA: Enforceable or Not?
We have looked at the Attorney appointed under the Listing Agreement for the purposes of investigation and verification of information. Is it actually enforceable? In many situations, it would not …
Real Estate Auctions
There are some rules about this under the Conveyancing and Law of Property Act: “Auctions of estates when sale deemed without reserve 55 Unless in the particulars or conditions of sale …
A Power of Attorney in a Listing Agreement
That seems peculiar! Here’s the clause: “10. VERIFICATION OF INFORMATION: The Seller authorizes the Listing Brokerage to obtain any information affecting the Property from any regulatory authorities, governments, mortgagees or …
Open Bidding: Let’s Hire a “Puffer”
The Liberals were elected federally and one of their platforms was a change to real estate transactions eliminating “blind bidding”. This means that every Buyer would know what the competing …
Payment of the Deposit and Selecting the Correct Clause
From time to time agents run into problems with the deposit clause in the standard Form OREA Agreement of Purchase and Sale. OREA Deposit Clause This is what it says …
Notice of Fulfillment and a Waiver
Do you perceive any particular difference in the meaning of these two documents? They are both used to firm up a deal. What about the central vacuum that didn’t work …