This situation was simple enough. Bob acted for Bill in the sale of his property. There was a mutual driveway. It was not quite wide enough to park Bill’s car …
Buyer’s Anticipated Default
Question: Listing sells with a bully offer for a reasonable “month ago” market price (much higher than now), firm and 5% deposit. The Buyers now don’t think they can sell …
Agent Fails to Pay Referral Fee
Steve acted for his two buyers, Albert and Jane. He had a loyalty agreement signed, better known as a Buyer Representation Agreement or BRA for short. The BRA ran from …
Owner: Rent to Own Risks
Question: Are there any risks for an Owner using a Rent To Own Program? Answer: The problem at the outset is the colloquial expression “rent to own”. If you choose …
Using a Paper Based Planner
I continue to use paper in addition to a Google calendar. I am very disorganized and over the decades I have tried absolutely every system going. They don’t work. It’s …
Using a Very Similar Domain Name to the Developer (Ontario)
Question: A condo developer in the area commenced marketing a new condo project. I have a very similar name. Their condo project doesn’t get the same number of hits as …
Which Agent Gets the Commission?
Question: The first agent had a listing. The contract expired or was cancelled. One Buyer’s agent had a strong interest from their client in the property. Just after the property …
Two Buyers Same Brokerage: That’s Multiple Representation (Ontario)
Question: Let’s assume the following: Answer: It is multiple representation because XYZ is the AGENT, not the individual sales representatives. It’s not the same trade or the same transaction, but …
Timing of the Break – Up is Important (Ontario Family Law)
Question: A couple decides to “break up” and she decides to buy a condominium? Does the husband have to sign the spousal consent? Answer: The issue is whether or not …
Story or Storey for House Levels in Ontario?
The British spelling is “storey” The American spelling is “story” When you are talking about the level of a house, in Canada, it’s “storey”. The Canadian spelling recognized as correct …