Multiple Offers in the current real estate market are extremely common. Not every Buyer wants to participate. What it really means is that in order for your Offer to be …
Revoking the Offer Before it’s Accepted
Bob is focusing on purchasing in a certain area. He is a little short of cash. He doesn’t want to participate in a bidding war. He’s not likely to win …
Do You Need a Notice of Fulfillment?
Question: The following condition does/does not require a notice of fulfillment. If seller does nothing, it becomes firm and binding after the date of due diligence passes. What if the …
Unjust Enrichment and Matrimonial Home
Question: My client has been living “common law” for 15 years. She is not registered on the title to their home. Does she have any rights? Answer: This area of …
True Condition Precedent and Its Fulfillment
True Conditions Precedent go back to a Supreme Court of Canada case in 1957. It was agreed that the Waiver would be inappropriate and would not work. That’s why a …
Vacancy on the “Day” of Closing
The Buyer says at 3:00 pm to the Seller: “you have to be out, this deal closed at 2:00 pm”. The Seller replies: “I know that, but I still have …
Water Softener No Contract
Question: My client, the Owner just found out the Tenant has permitted a water softener to be installed upon the premises and has agreed to make the necessary arrangements to …
Listing Agents should not Get Bullied Over Commission
Question: I am the Listing agent and was entertaining multiple Offers. One of the Buyer’s agents wanted to forego their commission. I am not sure what to do here. Answer: …
Merger of Two Semis
Question: I have a client who is interested in purchasing the semi which is adjacent to her. I wanted to know if the titles would merge? Answer: The merger may …
Liability for Referral
The referring agent runs the risk of liability whether they are paid or not. They should make it quite clear that: 1) they believe the new agent is competent in …