The Law A number of individuals wanted to know the source of the law relating to legible agreements. It is contained in Regulation 585 (O. Reg. 580/05) The Code of Ethics under …
The Two Spring Markets
Just about everybody wants to know when the Spring real estate market begins. Actually, so do I. It’s different each year! If you were to examine the market from an …
Dual Agency: A Possible Resolution
There are certainly some problems with dual agency, the most critical of which is the inherent unresolvable conflict of interest. But, even if it cannot be resolved, perhaps a suitable …
Dual Agency and the Medical Profession
The laws of agency have their origins in the 17th century BC. The early origins of the Hippocratic Oath for doctors arose in the 4th century BC. It is no …
Dual Agency and the Legal Profession
Lawyers act for their own clients. They don’t act for opposing parties in the same deal or adversaries in Court. The basic element of the agency appointment for lawyers is …
Dual Agency: Negotiator or Mediator
There is a basic presumption underlining the discussions of dual agency and that is, an agent should be a negotiator and not a mediator. Maybe that’s true, and maybe it’s …
A Judicial View of the Use of the Seller Property Information Statement
Sometimes it’s difficult to determine what Judges think about ordinary and customary practices in the real estate industry. Judge Cozens offered a comment upon the use of the disclosure statement, …
Home Inspections and Risk Assumption
Recently, I was involved in the acquisition of a property that had several levels of roofs. Naturally, the purchaser agreed to a home inspection. However, there was one little problem: …
Unfair Business Practices
In 2009,the Ontario Government passed with the Consumer Protection Act. When it comes to real estate there are some important provisions. While the conveyance of real estate is exempt from the …
Unintended Dual Agency
Buyer’s agency was popularized as a partial solution to the problems and issues presented by sub-agency. You might recall that in a sub-agency situation, two agents both act for the …