Buyer Default – Consider Bridge Financing Using this a source, it’s either unsecured or secured. Unsecured is Best The Bank will provide the bridge financing that you need. If you …
Landlord and Tenant Liability for Trip and Fall (Ontario)
Question: Tenant is renting a main floor apartment, trips on steps leading to the front door and injures themselves and will be off work. Who has liability here? Answer: There …
Don’t Talk About Commissions on Internet Forums
(Ontario) It is important to note that there is a $25 million fine under the Competition Act for “price-fixing”, including conspiracy to price fix. This means that some discussions would …
Using a Paper Based Planner
I continue to use paper in addition to a Google calendar. I am very disorganized and over the decades I have tried absolutely every system going. They don’t work. It’s …
Using a Very Similar Domain Name to the Developer (Ontario)
Question: A condo developer in the area commenced marketing a new condo project. I have a very similar name. Their condo project doesn’t get the same number of hits as …
Story or Storey for House Levels in Ontario?
The British spelling is “storey” The American spelling is “story” When you are talking about the level of a house, in Canada, it’s “storey”. The Canadian spelling recognized as correct …
Agents Supporting One Another in Social Media
From a purely ethical perspective, we should not recommend another agent without some sort of knowledge; that can even be second hand through a third party. We can “like” another …
Removing One Tenant from a Lease
Question: If a couple separates while in a lease (both have signed for the year) and one person leaves, can that person have their name taken off the lease (assuming …
Maximum Interest in Ontario
Question: I heard that there was a maximum amount of interest that can be charged. Reluctantly, I may have to offer some financing. I’m annoyed, but I will probably have …
Appreciating FSBO”s and the Competition Bureau
From time to time, some real estate agents are disgruntled with the Owner/Seller who decides to “go it alone”. These people are known as FSBO’s or “For Sale By Owner”. …