Ontario Question: I have a client who timed out while signing under an electronic software program and now he’s unable to sign and it only lets him initial. I’ve tried …
Seals in the Deals
Ontario By Brian Madigan LL.B. Why are some contracts “sealed” and others are not? In order to have a contract, you need to have an “agreement” that the Courts will …
Holdover Explanation: Is it Sufficient?
Here is the redlined explanation which is commonly distributed: “COMMISSION: The following section declares the total fee that the Seller has agreed to pay to the real estate company if …
Counting Days in Ontario
Counting the days in Ontario is a question that has come up before. It’s important to get it right, because otherwise the consequences could be disastrous. There are calendar days, …
Risks of Seeking a Condition Extension By Amendment
(Ontario) Question: My question is about an amendment. When we want to extend the date of a condition, we send an amendment. There is an irrevocable date on that. For …
Signing the Confirmation of Acceptance
Ontario Question: Husband and wife are accepting buyer’s offer. After husband finished signing he passed on the offer documents over to his wife for signing. Who signs the confirmation of …
Signing Back an Offer and Accepting it too!
Question: I am acting for the Seller and we received a fairly good Offer, open until midnight. We actually signed it back at 8:00 pm, and afterwards my Seller had …
Seller Keeps the Resale Profit PLUS the Deposit
The Ontario Court of Appeal looked at a situation where the Buyer was purchasing a new home in Brantford. An error was made in terms of the name of the …
Adding a Buyer to an Agreement
There are several ways to handle this. An entirely new Offer works well, however, in a declining market the Buyers may just choose to bail. So, draft an Amendment and …
Family as Tenants or What?
Question: I have a client who is on title to a home with her husband that they purchased 5 years ago. Her adult son and his wife (either common law …