CMB5 Year – 4.05%CANHOU 06/15/29[+0.03%]  10 Year – 4.19%CANHOU 03/15/34[+0.01%]  Floating Rate insured cost of funds5.35%[-]  Prime Rate 7.20% [-]  GoC2 Year – 4.35%CAN 02/01/26[+0.04%]  3 Year – 4.00%CAN 03/01/27[+0.04%]  5 Year – 3.76%CAN 03/01/29[+0.03%]  10 Year – …

Commercial Explained This section is entitled “Working with a real estate agent”: “Agents in Ontario must be registered, which requires completing the necessary education, and carrying consumer deposit insurance and …

There is an Acknowledgement Provision contained in the standard OREA Agreement of Purchase and Sale. For the Seller ACKNOWLEDGEMENT I acknowledge receipt of my signed copy of this accepted Agreement …

This seems interesting and rather unusual. The average price for a home in Mississauga was $996,259 in February 2024, according to the Toronto Regional Real Estate Board. That’s down 5 …

It is important to be aware of the following provision in the new TRESA legislation:           “Multiple representation 22. (1) A brokerage shall not represent more than one client in respect …

Appreciated Source: Investopedia Question: What are the scenarios for the buyer on closing, when there is no equity to cover the outstanding mortgage on the property? Answer: If you are …

Just like the obligation imposed under TRESA for Buyers, the same provision applies with respect to Sellers. What Facts and To Whom TRESA contains the following: Material facts 22.1  (1)  …

Now that the TRESA Code of Ethics is in force, there are some changes. Let’s look at a few of the provisions. Conscientious and Competent Service The Old Code stated: …

OREA FORM 127 is for “informed consent“ By Brian Madigan LL.B. There is a recent new Form which has been published by OREA, (the Ontario Real Estate Association). It is …