Oftentimes, the issue of a mutual driveway will come up in discussions and sometimes Buyers and Sellers alike will wonder where they stand. Question: If the title was searched by …
Buyer Negotiating Partial Refund of Deposit
Question: I’m the Listing Agent. According to my Seller’s lawyer, the Buyer has changed his mind and doesn’t want to close… and would like half the deposit back! Should we …
Having My “own” Offer (Ontario)
Question: Offers tomorrow and one is mine. Can I ask another agent to help with the forms, presentation and negotiations? I don’t feel comfortable in multiples, if my own client …
Agent Locked into “Confidentiality” without a Signed Contract
Consider the following scenario: Bob wishes to sell his house It had been used by Bob’s Tenant to grow Marihuana Bob invites 3 Agents to make listing Presentations The first …
Agent Misses the Parking Pad Agreement
This situation was simple enough. Bob acted for Bill in the sale of his property. There was a mutual driveway. It was not quite wide enough to park Bill’s car …
Buyer’s Anticipated Default
Question: Listing sells with a bully offer for a reasonable “month ago” market price (much higher than now), firm and 5% deposit. The Buyers now don’t think they can sell …
Owner: Rent to Own Risks
Question: Are there any risks for an Owner using a Rent To Own Program? Answer: The problem at the outset is the colloquial expression “rent to own”. If you choose …
Using a Very Similar Domain Name to the Developer (Ontario)
Question: A condo developer in the area commenced marketing a new condo project. I have a very similar name. Their condo project doesn’t get the same number of hits as …
Which Agent Gets the Commission?
Question: The first agent had a listing. The contract expired or was cancelled. One Buyer’s agent had a strong interest from their client in the property. Just after the property …
Two Buyers Same Brokerage: That’s Multiple Representation (Ontario)
Question: Let’s assume the following: ABC Brokerage has a listing for 123 Main Street Sales Rep Bob from XYZ Brokerage acts for Bill and puts in an Offer. Sales Rep …