Ontario Real Estate Source By Brian Madigan LL.B. Many business owners like to keep information as confidential as possible. And, this particularly applies to their finances and their books. So, …
Should you Pay Commission to Buy Your Own Property?
That’s an interesting question! How would that work? Let’s assume Bob and Mary have been seeing each other for about 5 years. They are thinking about having a child and …
Offer Presentment (Personally to Seller)
An issue which arises on occasion is the presentation of Offers to Sellers. What is really happening here? The property is on the market, a buyer’s representative prepares and Offer …
Multiple Offers ~ Be Ready!
In Toronto’s competitive marketplace, buyers have to expect that they may be in a multiple offer environment. Basically, this means that their first offer will either be their best offer, …
Disclosure of a Murder in the House Decades Ago
Question: The house across the street is up for sale. It is listed with a real estate agent. I know that the house was a “murder scene” almost 35 years …
Brian Madigan’s OFFER DOCUMENT SUMMARY
I have been requested to suggest a Form of document which would be sufficient for a Brokerage to hold instead of a copy of the actual Offer. This is in …
Robinson: Furnace and Pool Pump
We looked at Warranties and the doctrine of merger. Here’s a copy of a case that reviewed the situation in detail. Milton Small Claims Court Court File No. 386/14 …
The Doctrine of Merger and Some Solutions
The doctrine of merger applies to “executory” contracts. An executory contract is one that is completed at some future point in time. This applies to real estate transactions since the …
Properties Repaired and Rectified
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 …