Rural Risks: Water and Sewage

I thought that everyone knew this, that’s the reason why most people live in the City. Rural life has its charm, but there are always issues with both water supply …

The Missing Indemnity Clause

This is the case of the “missing” indemnity clause. You might think that there is an indemnity clause because the paragraph starts out with the word “indemnification”. But, naturally, that’s …

Gold (as Real Estate)

It is interesting that one of the best performing asset classes over a period of time has been gold. To some extent this is simply a reflection of economic instability, …

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 …