On occasion real estate agents are presented with difficult and challenging facts. There has been damage to a building. It was repaired. The Insurance company paid. But the question is …
Should You Have 10 Agents or Just 1 ?
Which is better? You might think 10. In fact, that’s what most people think. In reality, you are probably better off with one good agent who has your best interests …
Restricted Customer Service Agreement for Commercial Properties
From time to time, an Owner or Landlord doesn’t want to place their property on MLS. They want to deal with one particular person at a particular Brokerage and will …
Use the Correct “legal name”
You should really be using the person’s correct legal name, regardless of registration. With married women we do have two scenarios. Mary Jones acquired a property, got married, changed her …
Material Fact Disclosure
Occupation and Ownership I have occupied the property since _________________ I bought the property on ________________ The registered owners of the property are ______________________ The property is held as joint …
An Opportunity to Increase “Professionalism” in the Real Estate Industry
The Supreme Court of Canada made some changes to the common law of contracts. These new changes will afford an opportunity to the real estate industry to increase their degree …
Good After Market Service Can Keep You Out of Trouble
Question So, here’s a problem. You are a real estate agent and you act for a buyer. You recommend a home inspection. Everything goes well and the deal closes. Then, …
Ontario Court of Appeal and the Seller Property Information Statement
So, what does the Ontario Court of Appeal think about the Seller Property Information Statement drafted by OREA and commonly used in many transactions? Let’s have a look at the …
SPIS ~ Reasonableness is the Test not Honesty
So, what is more important: reasonableness or honesty? Recently, the Ontario Court of Appeal determined that in completing a Seller Property Information Statement, that reasonableness was important. Honesty was expected, …
SPIS Wording No Defence for Agents
Frequently it is believed that the wording in a document governs the relationship between the parties. That’s an argument made by many industry professionals in respect to the completion of …