Cases: Ontario Courts and RECO Decisions This table collects notable Ontario court decisions and RECO discipline decisions from 2020–2025 that are directly relevant to claims based on misrepresentations in MLS …
Completing Form 320 for a Self Represented Party
Question: An Offer is being presented to a Self Represented Seller (SRP). Form 223 was completed, Commission Agreement with direction for the Seller’s Lawyer to pay the Buyer’s Brokerage directly. …
Review of Compensation Rules under PropTx
Brian R. Madigan LL.B., Broker Note: my comments in italics ARTICLE 7 – REMUNERATION 7.01 The Rules herein are subject to the terms and conditions of the MLS® Listing Agreement …
Designated Representative Listing Patch for 2025
OREA updated Form 271 for 2025. In 2024, the document said: “The Listing Brokerage agrees to market the property on behalf of the Seller and represent the Seller in an …
Understanding the Confirmation of Acceptance (3)
Question Three What is the purpose of the Confirmation of Acceptance (COA)? Answer: The purpose of the Confirmation of Acceptance is to set the clock running. It is not part …
Understanding the Confirmation of Acceptance (2)
Question Two The Confirmation of Acceptance is set out in the Agreement of Purchase and Sale. Who signs it? Let’s look at the following scenario. Two Buyers execute an Offer …
Understanding the Confirmation of Acceptance (1)
Question One When should the Confirmation of Acceptance be signed and who should sign it? Answer: Brian Madigan LL.B., Broker www.OntarioRealEstateSource.com
Be Careful Using Form 108
There is an opportunity under the new TRESA Legislation to share the contents of various competing offers if the Seller wishes to do so. Some Buyers may be opposed to …
Notices Patch
There are several choices to use something short and simple. Here’s the standard provision: “NOTICES: The Seller hereby appoints the Listing Brokerage as agent for the Seller for the purpose …
Communication Delegation
John Smith is a Buyer and he wants to buy Mary Jones’ house. He has an agent Bill Brown who works for ABC Brokerage. Mary also has an agent, Wilma …