This is actually a question which arises all the time. Some people will say “yes” and others will say “no”. Let’s have a look at the sequence of an Offer. …
Can the Buyer Take Back Her Offer?
This is actually a question which arises all the time. Some people will say “yes” and others will say “no”. Let’s have a look at the sequence of an Offer. …
Undisclosed Furnace Rental
Question: Just had a conversation with the Listing agent. The property closed, and then it turns out that the furnace and air conditioner are leased. Wouldn’t the buyer’s lawyer check …
Suspension or Cancellation of Listing
Many Brokerages are reluctant to provide a Cancellation of a Listing. Instead they offer a Suspension. That’s just not good enough. This is the type of correspondence which may be …
Local Agents and their “Value”
There is always a caution for agents not to step out of their area. It’s important to note that real estate professionals are registered and entitled to practice throughout all …
Even Liars Can Win in Court
Credibility doesn’t matter more than the Law! The case of D’Atri v. Chilcott (1974) decided by Mr. Justice Galligan is one of the leading authorities on the law of liability …
Double Dipping
Under discussion at the moment is the matter of designated agency. It is being suggested as a possible solution to some current agency problems. Before we look at it designated …
Compliance with Bill 55 Phantom Offer Legislation
REBBA 2002 and the Regulations will require copies of agreements to be held, with the exception of the entitlement to use a new summary form and if that is used, …
A Buyer’s Rep Foregoing Commission
The commission is set out in the Listing Agreement. There may be an amount offered to the co-operating brokerage. The Buyer’s agent proposes to provide a benefit to his own …
Should you Pay Commission to Buy Your Own Property?
That’s an interesting question! How would that work? Let’s assume Bob and Mary have been seeing each other for about 5 years. They are thinking about having a child and …