Hammurabi’s Code appears to have been published around 1754 BC in Mesopotamia. That was Babylonia in ancient times, now Bagdad in modern Iraq. It includes numerous references to barbarous acts, …
Missing Dishwasher and the Principle of Indemnification
Question: If a sale closes and the dishwasher is missing from the kitchen, the buyer’s recourse is against the party with whom they had the contract, not the agent. This …
Referral Fees Reconsidered
How would you respond to this? Old high school friend (haven’t seen him since grad 92!) asks for a referral to another area. I set him up. He interviews other …
Pre-Listing Open House and the Buyer (what is the relationship?)
Question: I got a Buyer client from an Open House which I did prior to Listing to see if there was any interest. Now, I have a Buyer. What do …
OREA’s Position on Agency Changes
Agency Changes OREA has responded to the Ministry of Government and Consumer Services. You will recall the CBC Marketplace investigation and the unethical conduct by certain real estate registrants. Now, …
Enforcing the Buyer’s Representation Agreement when the Buyer Buys Direct from the Builder
This situation seems simple enough. The standard Form OREA Buyer Representation Agreement actually covers this. It’s included. The reason why it’s included, is that it’s “not excluded”. That’s how you …
Agents’ Duties Following Pre-Offer Inspection (Ontario
Question: What is the Buyer’s Agent’s disclosure responsibility if they find something major during the home inspection? I thought the Listing Agent has to disclose to future buyers if one …
Custom Single Use Commercial Property Qualifies for Specific Performance
Matthew Brady Self Storage Corporation v. InStorage Limited Partnership, 2014 (OCA) Two storage companies jointly acquire property. InStorage runs short of money, so Matthew Brady completes purchase and renovates to …
Problems when Signing a Buyer Representation Agreement
There are, of course, two sides to every story, but I have heard many versions of much the same thing where the Buyer was simply duped into signing the Buyer …
Working with a Realtor Form for Leases?
Question: When listing a lease, do you get them to sign a Working with a Realtor (WWR) Form 810? Answer: WWR is a strange document and doesn’t meet the requirements …