Question: When do you get the BRA signed? The Choices: before we make an offer once I decide I want to work with these folks at office before I show …
Utility Withdrawal of Service on Closing and Liens (Ontario)
Question: I acted as the Buyer’s Agent and after closing found out that the hydro services were to be cut off and a lien was to be placed upon the …
Vendor has Obligation to Disclose “Prohibition Order”
The Supreme Court of British Columbia dealt with the matter of the vendor’s duty to disclose Pavenham Development Corp. v. Sladen(1997). The Facts •· The vendor owned a property that …
Two Buyers, One Brokerage: A Strategic Alliance
A Brokerage may represent two different Buyers interested in the same property. Rather than a problem, this could present an opportunity. Imagine this scenario, Bob has been working with Mary, …
The Right to a Final Inspection
Once you buy a property are you allowed to have another look? Now, once you own it, you can look at it all you like, but by that time it …
Use of Maiden Name Might Conceal Executions
Question: Is it proper to use the maiden name of a married woman, because the property was originally acquired in that name? Answer: Assume Mary Smith purchased the property and …
The Magician’s Deposit Clause
A few Brokerages have been using a clause which they find helpful. From time to time a Buyer decides not to proceed with a real estate transaction. So, they take …
What about a Prior BRA?
Question: I am working with Clients and the husband just mentioned that a Realtor gave him a paper not that long time ago and that the husband signed it, not …
Should the Listing Agent Insist on Proof if Inspection Fails?
Maybe we simply have a case of Buyer’s remorse! What happens if the Buyer wants out of the deal? Assume that there is a condition upon inspection, and that such …
Should the Listing Agent Get a Copy of the Buyer’s Home Inspection Report?
From time to time, the house just doesn’t pass the “home inspection”. The usual situation would be that the property is listed for sale. An agreement is struck with a …