Question: Representing the Seller in a sale. Drafting offer for Buyers at their instruction with customer status. It’s come to light that one of the Buyers has early stage dementia. …
Restrictive Covenants and Fences
No Swimming Pools Question: A buyer wanted to buy a property and put a pool in their back yard. When doing a title search they found that the seller had …
Sump Pump Not There
Question: Two weeks after closing my Buyers discover a flood in their basement, with water entering through one of the basement windows. In the listing it’s written that there’s a …
Roll-in Dishwasher
For decades the built-in dishwasher has been considered to be a fixture and that makes good sense. However, around 2015, a new product came to the market, namely the roll-in …
Insert Lawyer’s Information in Agreements
Notices Provision Question: Would the Buyer’s or Seller’s Lawyers fax no. and email be inserted in the clause if there is a multiple representation agreement? Answer: Use somebody’s email or …
Offer Withdrawal Issues
Questions: At which stage/s the buyer can retract their offer: (assuming seal is used): 1. Buyer signs the offer that is yet to be presented to seller, 2. Signed offer …
Expanding the Description of the Property in the Agreement
Question: A number of years ago, properties seemed to include additional references like: “having a private driveway” “a mutual driveway” a laneway” a right of way” “front yard parking” or …
Releasing the Deposit Quickly in Ontario
Question: There are only a few ways that the deposit can be released from the real estate brokerages trust account, the mutual release being one of them. What if you …
Protecting Your Commission on the Buy Side in a Power of Sale
Question: How do I protect my commission? Everyone says that there’s just not enough money for the Bank, hydro taxes etc? Answer: Assuming this is a Big 5 Bank, they’ve …
Pre-Offer Home Inspection (Ontario)
Question: Assuming that you are the Listing agent, would you let a potential Buyer do a home inspection on your listing BEFORE submitting an offer? If so, why? Answer: I …