A Disclosure must be provided to the other side. That’s the purpose. But, they are not required in the Listing. The information may deter some potential Buyers. You have to …
Disclosure: Listing Agent is Compromised under TRESA
Question: A Listing agent is concerned that by asking directly about permits from their Seller client, they may be placing the Seller in a liability position by creating disclosure around …
When a Real Estate Agent Tries to Buy the Client’s Property
A Conflict of Interest That Killed the Deal: Ullah v. Nawaz A recent Ontario Superior Court decision highlights a serious risk for real estate professionals: buying a property from your …
Asbestos Pipe Disclosure
Question: A taped and painted asbestos wrapped duct pipe in the basement of a residential house. It appears to be a patent defect, but also a biohazard. Ought this be …
Commission Disclosures in Multiple Representation (2)
Fiduciary Duties Beyond TRESA Overview When a real estate brokerage represents both a buyer and a seller in the same transaction, the situation is governed not only by the Trust …
Commission Disclosures in Multiple Representations (1)
Disclosures of various commissions sources and referral fees in multiple representation situations: Type of Payment Disclosure Required? To Whom Legal Source Listing-side commission Yes, to own client Seller O. Reg. …
Disclosure of Insurance Claim and Rectification of Property
Question: Under TRESA if a property had a significant insurance claim but everything was fully repaired and there have been no issues since, this does not need to be disclosed …
A Pedophile Living Across the Street Can be a Latent Defect in Your House
Question: Buyer closes on a house finds out a pedophile lives across the street wants to sue sellers and agent for not disclosing… thoughts? Answer: There is a reasonable case …
Unfair Competition with More Than One Client
This particular topic remains after TRESA was introduced. It was a problem and it’s still a problem. It just occurs less frequently. Have a look at RECO’s August 2025 publication: …
Completing Form 320 for a Self Represented Party
Question: An Offer is being presented to a Self Represented Seller (SRP). Form 223 was completed, Commission Agreement with direction for the Seller’s Lawyer to pay the Buyer’s Brokerage directly. …