Possible Asbestos Issue

Question: A house that had 8 inch vinyl tiles  and it was presumed to have contained Asbestos. Based on the time period, the house was built in the early 60’s. …

Cleaning the Unit before Sale

Question: Can anything be done if a Seller and their agent refuses to clean a unit before closing? Answer: Certainly, it would be very nice if the Seller cleaned up …

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 …

“As is, where is” Transactions

“As is, where is” is a term often used in real estate transactions. It signifies the condition in which a property is being sold, implying that the property is being …

“As Is” and “Where Is” Expansion

For those of you who are not quite sure what this means, here’s an expanded explanation in a commercial Offer: “Purchaser’s Acknowledgements 10 (a) “As Is” and “Where Is”: The …

“As Is, Where Is” Explained

“As is, where is” is a rather strange expression. I understand the “as is” part, that means the condition of the object of the agreement. It will not change before …

Deposit Delivery: Buyer Becomes Ill

Question: Seller just accepted an offer on Friday night (of a long weekend). The Buyer’s agent texted me this morning saying his client hurt her leg on the stairs and …