Five Year Limit on Litigation

Managing Litigation Once you have commenced a lawsuit and presumably, you have done that within the 2 year limitation period, you only have a limited time to litigate. That’s five …

Timing of Acknowledgement Signature

Ontario Question: Why do agents have their buyers sign the ACKNOWLEDGEMENT with the original submission and before there is an agreement the Seller has even reviewed the offer? Statement reads …

Tendering in Ontario

Question: What is the meaning of “tender” in real estate transactions? Answer: Tender is a very specific term in a real estate transaction. Tendering is the process to demonstrate that …

Merger Survivorship Wording

(Ontario) Consider the following clause: “The Seller represents and warrants to the best of his knowledge and belief that the swimming pool and equipment are now, and on the completion …