Septic system that works Question: I want to make sure that the septic works on closing. The Listing agent is striking out “survive and not merge”. I was always under …
Unassumed Rental Contract
Question: If a purchaser agrees to assume the hot water tank in the Agreement of Purchase and Sale, however no contract was provided or shared from the Seller, what is …
Adding a Party: The Wrong Way
Question: Interesting clause, any issues? “The seller agrees to allow the buyer to add or remove one or more names as buyer to this transaction through an amendment to the …
Automatic Release of Deposit Clause
Question: This is a Clause contained in a Schedule B to be added to the Agreement of Purchase and Sale. Is it enforceable etc? RELEASE OF DEPOSIT: Once this Agreement …
Dishwasher: A Little on the Loud Side
Question: The house has been sold firm and there is no inspection condition. On the final walk thru the buyers start the dishwasher and now saying “it’s making a loud …
Buyer Switch
Question: I just received an Offer on my listing: “The seller agrees to allow the buyer to add or remove one or more names as buyer to this transaction through …
Entire Agreement Clause in Contracts
The entire agreement clause is a standard provision included in many commercial contracts. Here is an example of wording for an entire agreement clause in an Agreement: “This Agreement contains …
Entire Agreement Clause
The entire agreement clause is an important aspect of an Ontario real estate offer. It is a clause that appears in most real estate agreements and serves to define the …
Improper Use of Home Inspection Clause
Question: Who uses a home inspection as a negotiating tool? Doing a deal, great offer, accepted, but now agent says he always tells his clients to make the offer,but then …
Transparency under TRESA
TRESA now permits a Seller’s representative to share content, some content, or a little bit of content with all other bidders whether the Buyer consents or not, just not identifying …