1 Right Lender You will have to find the right lender for your business. This might be yourself, family, friends, business partners, former owners or institutional lenders. Remember that you …
Property Division under Power of Sale
Question: There are 2 sellers on title, one moved out but continued to pay their half of mortgage. Seller in home missed two mortgage payments, so the Bank has implemented …
Gravel Pits, Quarries and Related Issues
Question: What a safe distance is from gravel pits and quarries? I want to make sure that there is no impact from noise, dust, water contamination etc. Answer: Although every …
10 Steps to Buying a Successful Business
1 Right Business You will need to find the right business for you. This is one that you like. This is in a field where you are comfortable. You have …
Power Negotiating for Realtors
Sometimes, too much is too much! A realtor’s ability to negotiate a particular transaction is often based upon the client’s bargaining position. Often, this is overlooked. Naturally, if the client …
Presence of Water in the Walls of the Vanity Cupboard
Question: You sell a property, the buyers don’t include inspection condition. Upon closing and moving in, they discover damages that occurred from a previous leaky washing machine (leak has been …
Seller’s Preferred Deposit Clause
If the deal doesn’t close, the Seller wants the deposit as soon as possible. Many agreements will have various references to getting the deposit if the buyer is in default. …
Business Day Computation
This is a common clause which is used frequently: “Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the …
Release From Prior Agreement #3
This is another clause, used by real estate agents: Release from Prior Agreement “This Offer is conditional upon the seller being released from the agreement of purchase and sale dated …
Release From Prior Agreement #2
This is another clause, used by real estate agents: Release from Prior Date “This Offer is conditional upon the Seller obtaining a properly executed Mutual Release from a prior Agreement …