RECO Disclosure: Lawsuits

Question: I am making an application to RECO for reinstatement. Do I have to disclose lawsuits or pending litigation? I am currently involved in a lawsuit with a former business …

Sump Pump Not There

Question: Two weeks after closing my Buyers discover a flood in their basement, with water entering through one of the basement windows. In the listing it’s written that there’s a …

Ice Damage to Tenant’s Car

Question: In the case of a residential tenancy, are there liabilities placed on the Landlord, in addition to those set out under the Residential Tenancies Act? An unexpected thaw and …

Retain a Barrister to Recover the Deposit

Anyone who offers half the deposit already knows that they owe the entire deposit, so, they’ll fold. Real estate conveyancing (in-office paperwork) and Litigation are really two separate and distinct …

Paid Too Much / Any Recourse?

Question: I had a property listed at $599,000 expecting multiples. A Buyer’s Agent who was aloof, reticent and condescending submitted an Offer at $690,000. I had made it quite clear …

Damage Prior to Closing

Specific Performance Question: What happens if a property is damaged between the Agreement date and Closing? The damage is estimated to be over $100,000.00.   The Seller is not cooperating …