Question: I received a full price offer on one of my listings and my Clients, the Sellers turned it down. Then, they let the listing expire. I had some suspicions …
Oil Spills and Fires: Disclosure (Ontario)
Question: What kind of disclosure would you provide if listing a property that had a small vs large scale issue? For example… oil tank leaked. Does seller disclose minor leak …
Signing For a Client
Question: From time to time, I see agents sign on behalf of their Clients. Is this appropriate? Answer: I think there is a distinction among the agents who might reasonably …
Dealing with a “Legal Non-Conforming Use” in Ontario
There are a few issues with “legal non-conforming” considerations. The basic principle is that municipal by-laws cannot be retroactive. If a building is constructed in accordance with applicable zoning and …
What would you do, if you received an Offer with this Warranty?
Question: You are the Listing agent. What would you do, if you received an Offer with this Warranty? How would you advise your client? “The Seller warrants that, to the …
Computation of the Area Shown on an Irregular Survey
Question: How do I figure out the area shown on a survey? I just need an approximation. Answer: There is a little bit of a shortcut here and for other …
Seller Dies Before Closing
Question: I have done a few Estate sales and understand the probate clause, but what happens if the Seller passes away after the house has been sold but has yet …
Disclosure of Unrepresented Buyer in Competing Offer Situation
There is actually an additional disclosure that is required to be made in a Competing Offer situation which is often overlooked. If a Buyer is not represented by a registrant …
Mice in the House – Any Remedy against the Seller?
Question: As it turns out my client has an “infestation” of mice. It will cost $3,000 to get them out through a pest control company. The Home inspector didn’t recall …
Listing a Property with One Seller in Jail
Question: I was approached by a Wife who jointly owns a property with her husband. He was just sent to jail and they don’t get along. She wants to sell. …