Let’s assume that for some reason you feel compelled to offer and assist someone who needs financing for their business. What security do you want? Well, you should get everything …
Negligence Act ~ Procedural Matters
The Negligence Act also includes some procedural provisions, however, inherently, they may also be matters of substance. Let’s look at the following sections: Adding parties 5. Wherever it appears that a …
Negligence Act in Ontario
By Brian Madigan LL.B. The Purpose The Negligence Act deals with the matter of apportionment in the field of torts. Tort law considers the liability of a party to another …
Should you Pay Commission to Buy Your Own Property?
That’s an interesting question! How would that work? Let’s assume Bob and Mary have been seeing each other for about 5 years. They are thinking about having a child and …
Offer Presentment (Personally to Seller)
An issue which arises on occasion is the presentation of Offers to Sellers. What is really happening here? The property is on the market, a buyer’s representative prepares and Offer …
Releasing the Deposit
The deposit is stuck with the Trustee until BOTH parties direct the Trustee to send it somewhere. Usually, that would follow a Mutual Release. But, the key component is the …
Brian Madigan’s OFFER DOCUMENT SUMMARY
I have been requested to suggest a Form of document which would be sufficient for a Brokerage to hold instead of a copy of the actual Offer. This is in …
Powers of Attorney
Basically, there are two kinds of Powers of Attorney: Personal Care, General for Assets. Most people need them both. The first one deals with daily living decisions which affect the …
Multiple Offers in the Toronto Spring Market for 2021
In Toronto’s competitive marketplace, buyers have to expect that they may be in a multiple offer environment. This is largely due to the shortage of listings. That’s just “supply and …
Merger of Contract Provisions
Although it is the general rule that the acceptance of a deed is prima facie full execution of the agreement to convey, and preliminary agreements and understandings relating to the sale of …