Question: What date should be inserted into the Agreement of Purchase and Sale for the Title Search date? Answer: Buyer’s Interest From the perspective of the Buyer’s lawyer, you can …
Title Insurance: Is it Necessary?
Ontario Real Estate Source By Brian Madigan LL.B. That’s a good question. Prior to 1997, there was no commonly available title insurance in Ontario and yet it was the norm in the United …
The Agreement is About Schedules
The standard form OREA Agreement of Purchase and Sale is all about Schedules. Here’s what the 2021 version states on the first page: SCHEDULE(S) A………………………………………………………………………………attached hereto form(s) part of this …
Take the Money and Run: An Ethical Dilemma
Sometimes a real estate agent will have confidential information. The ethical question is whether or not they can disclose that information to their client. Well, it all depends, sometimes “yes” …
Rules for Attendance at Buyer’s Visits
A good friend and colleague of mine, Barry Lebow posed the following questions. It is interesting to see how different agents handle these various issues. Set out below are my …
Rental Items Clause in the Agreement of Purchase and Sale
The issue of Rental Items has now become quite important in an Agreement of Purchase and Sale. This is the Rental Clause in the standard form OREA Agreement of Purchase …
Registering an Offer in Ontario
Question: What does registering an Offer mean? Answer: This is a term which causes confusion. The difficulty in part arises by reason of the fact that there is no such …
Don’t Forget to Alter the Standard Photographer’s Contract
Let’s start with the proposition that the photographer will own and retain the copyright in the photographs and you will have the right to use them. Ownership and Copyright Actually, …
Photographic Contracts and Copyrights
There are a number of standard form contracts for photographers. When it comes to the “copyright issues” here are three examples: 1) FILM and COPYRIGHTS: The photographs produced by the COMPANY …
Listing Agreement POA: Enforceable or Not?
We have looked at the Attorney appointed under the Listing Agreement for the purposes of investigation and verification of information. Is it actually enforceable? In many situations, it would not …