Take the Money and Run: An Ethical Dilemma

Sometimes a real estate agent will have confidential information. The ethical question is whether or not they can disclose that information to their client. Well, it all depends, sometimes “yes” …

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 …