Question: I have heard different opinions on this way of adding or not adding conditions in an offer. Write them in on schedule A and have client strike out the …
Adding a Party: The Wrong Way
Question: Interesting clause, any issues? “The seller agrees to allow the buyer to add or remove one or more names as buyer to this transaction through an amendment to the …
Automatic Release of Deposit Clause
Question: This is a Clause contained in a Schedule B to be added to the Agreement of Purchase and Sale. Is it enforceable etc? RELEASE OF DEPOSIT: Once this Agreement …
Court of Appeal Considers Debts and Joint Tenancy
The Ontario Court of Appeal decided on 26 April 2023.that debts against the husband follow the husband’s interest only, and not that of the wife in a joint tenancy situation. …
Dishwasher: A Little on the Loud Side
Question: The house has been sold firm and there is no inspection condition. On the final walk thru the buyers start the dishwasher and now saying “it’s making a loud …
Buyer Switch
Question: I just received an Offer on my listing: “The seller agrees to allow the buyer to add or remove one or more names as buyer to this transaction through …
Entire Agreement Clause in Contracts
The entire agreement clause is a standard provision included in many commercial contracts. Here is an example of wording for an entire agreement clause in an Agreement: “This Agreement contains …
Entire Agreement Clause
The entire agreement clause is an important aspect of an Ontario real estate offer. It is a clause that appears in most real estate agreements and serves to define the …
Improper Use of Home Inspection Clause
Question: Who uses a home inspection as a negotiating tool? Doing a deal, great offer, accepted, but now agent says he always tells his clients to make the offer,but then …
POTL Listings
What about listing a Parcel of Tied Land Condo homes in Ontario? Do you think a detached home that is a parcel of tied land condo should be listed as …