(Ontario) Question: Does the SELLER need to disclose a stigma to a potential buyer? For example, a former grow house that was fixed and repaired. Answer: Yes, should there be …
Seller’s Video Surveillance of Unsuspecting Buyers
Is that allowed? Is that legal? It doesn’t seem fair! Recent Controversy Recently, a homeowner who wished to sell their property thought that they would help out their own real …
Estoppel and Ratification Distinguished
The two concepts of ratification and estoppel are somewhat similar, but they are different in the sense of the confirmation. In both cases, the agency relationship was not clear and …
Offers for Leases
Ontario Question: Do I need an Offer for a Lease? If I just use the Government Lease Form, there’s no irrevocable. Answer: The Offer is actually unnecessary. Why tie things …
Late Notification of Disclosure
Question: Sold a property last night. Once the deal is signed buyer agent tells me. “Oh yaaaa can you sign this disclosure, my wife is the buyer”? Is this legal …
Deposits (late delivery)
Question: What happens if the deposit is not delivered “in time”? Answer: If the contract says “upon acceptance”, then a deposit which arrives in 24 hours is late by one …
Deposit Sufficiency in Ontario
Question: How large should the deposit be? Answer: The deposit is a pre-estimate by the parties of the minimum liquidated damages that will be suffered by a Seller in the …
Latent and Patent Defects, and Material Facts
The matter of patent and latent defects falls under the law of real property and the issue of disclosure. A Patent defect is clear, apparent, observable and not hidden from view. A Latent …
Getting the Deposit Back Quickly
(Ontario) Question: A deal falls apart on financing. As the Buyer’s Agent you send a mutual release right away as you want to get your buyer’s deposit returned to them. …
Keys and the Buyer’s Agent on Closing
Question: There are frequently problems getting the keys on closing. Sometimes, the Seller’s lawyer has them, sometimes it’s the Buyer’s lawyer. Often, the Listing Brokerage will be closeby the property. …