Releasing the Deposit

The deposit is stuck with the Trustee until BOTH parties direct the Trustee to send it somewhere. Usually, that would follow a Mutual Release. But, the key component is the …

Guardian ad Litem

The latin expression “ad litem” pronounced “ad light um” means “for this suit” or “for the purposes of this lawsuit”. Generally, the expression is used in connection with the term …

Properties Repaired and Rectified

On occasion real estate agents are presented with difficult and challenging facts. There has been damage to a building. It was repaired. The Insurance company paid. But the question is …

SPIS ~ Reasonableness is the Test not Honesty

So, what is more important: reasonableness or honesty? Recently, the Ontario Court of Appeal determined that in completing a Seller Property Information Statement, that reasonableness was important. Honesty was expected, …