Question: Are you looking for it from the other side? Answer: Yes, of course you are! You need it for two reasons: 2. To enable you to give appropriate notices …
Sunroom Built without Permits
Question: I am representing a Seller who has decided to build a sunroom himself without permits. He now needs to sell. What are the risks? Answer: No permits, but the …
Agreement of Purchase and Sale (Confirmation of Acceptance)
The Confirmation of Acceptance clause in a standard form agreement is of recent origin. However, it is a very worthwhile statement. It is indicative of the fact that the offer or counter …
Roof Replacement Clause
Question: If the roof is in bad shape, and the Buyer lacks funds, but the Seller will agree to replacement what type of clause would work? Answer: You need to …
How Do You Remove Conditions?
Question: The Buyer removed all conditions with a Notice of Fulfillment (NOF). There were four conditions , three were due on 23 March, and one was due 29 March. By …
Commissions to be Paid ONLY upon Successful Completion
Question: My Seller client sent me a request upon review of the draft listing agreement. “Can we add a confirmation that if buyer backs out we are not on hook …
Deposit Directions
There are naturally times when you don’t want to execute a mutual release but you are prepared to return the deposit. All you need is a Direction, and this is …
Deposit Timing and Delivery
Question: If an offer is accepted on a Friday and your buyers cannot get the deposit in until Monday, please address that in the offer!!! It says 24hrs, not when …
A Support Spouse
Only a Property Spouse has rights to the Matrimonial Home Question: Is a ‘support’ spouse the same as what the public usually refers to as a ‘common law’ spouse? Answer: …
Deposits and the Mutual Release
Just the Direction Question: When it comes to releasing a deposit back to a buyer when a conditional deal doesn’t firm up (can’t fulfill Sale of Buyers’ Own Property, for …