Multiple Representation: When Do You Sign?

Previously, in the Confirmation of Cooperation and Representation (CCR) it was last minute after everything had already gone wrong. Now, we have two new documents, the full explanation and informed …

Multiple Representation: New Forms

Question: Forms 325 and 326. At what point are you getting these forms signed? Answer: Finally, we have some real appreciation of the conflicts that arise with Multiple Representation. Previously, …

Buyer: Notice of Revocation

With the new TRESA legislation, we now have lots of new Forms. Here’s Form 108 Notice of Revocation: “Pursuant to the following term of the Agreement of Purchase and Sale …

Buyer and Offer Transparency

The new TRESA legislation permits Offer contents to be shared in whole or in part. Assuming that the Buyer is not pleased with this disclosure of their Offer contents, then …

Time is of the Essence

The Ontario Court of Appeal just released a decision on 3 January 2024 dealing with the late payment of the funds on closing. Payment was due at 3:00 pm. At …

Appliances: Precautions

It is always a good thing for the Buyer’s agent to note the particular appliances by: This way you will know the date of manufacture, whether it is still under …

Pursue Various Avenues for Financing

Question: Can a Mutual Release be sent before the deposit cheque is given in? Offer is conditional on mortgage financing. This is the day after acceptance and deposit cheque is …