Water in the Basement

Question: What about water in a basement of a 100 year old plus rural property? The foundation is actually made of rocks. The floor originally dirt was covered with concrete …

Transparency under TRESA

TRESA now permits a Seller’s representative to share content, some content, or a little bit of content with all other bidders whether the Buyer consents or not, just not identifying …

Sharing Offer Content under TRESA

This is the explanation from RECO: “Content of competing offers A change most of you will have heard about relates to sharing the content of competing offers. Though the change …

Acknowledgement and Notices Tied Together

Acknowledgement Section: “I acknowledge receipt of my signed copy of this accepted Agreement of Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer ______________________________         …

Acknowledgement Section

Question: Are you looking for it from the other side? Answer: Yes, of course you are! You need it for two reasons: 2. To enable you to give appropriate notices …

Sunroom Built without Permits

Question: I am representing a Seller who has decided to build a sunroom himself without permits. He now needs to sell. What are the risks? Answer: No permits, but the …

Roof Replacement Clause

Question: If the roof is in bad shape, and the Buyer lacks funds, but the Seller will agree to replacement what type of clause would work? Answer: You need to …

How Do You Remove Conditions?

Question: The Buyer removed all conditions with a Notice of Fulfillment (NOF). There were four conditions , three were due on 23 March, and one was due 29 March. By …