Suicide Disclosure

Question: Does a suicide in the unit have to be disclosed by the seller? Or is it a buyer beware type of situation? Answer: The law does not require the …

Phantom Offers

The real question is: does the phantom offer really exist! Maybe, and maybe not. A phantom offer, of course, is an offer which is make-believe, it’s imaginary, it’s simply pure …

Schedule “A” Interpretation

The standard form agreement of purchase and sale in Ontario includes a standard four pages of fine print plus fill in the blanks, followed by a Schedule “A”. It is …

Sale of Buyer’s Property Condition

Question: If you’re putting in an offer conditional on sale of your client’s home, do you include your client’s property address in the condition? Answer: You certainly should in order …

SPIS ~ Bird and Ireland

Vendor not Obligated to Warrant Property: No Commission This is another interesting case involving the use of the Seller Property Information Statement (SPIS), not for the purpose for which it was …