RECO Discipline

Just take ALL Courses over again start to finish Real Estate Council of Ontario IN THE MATTER OF A DISCIPLINE HEARING HELD PURSUANT TO THE REAL ESTATE AND BUSINESS BROKERS …

Ratification: Buyer’s Agent

With ratification, we have an agency appointment “after the fact”. Let’s look at an example of this situation. Agent Bob is a great site assembler. He gets four people to …

Wrapping up the First Deal

Questions: I am the Listing Agent. I had a deal that was signed conditionally, conditions have expired, I didn’t get NOF or waiver, so the deal is dead. I requested …

Market Defaults and Remedies

I am publishing this article once again. Originally, it was from 2017 when we saw a sudden rise and a sudden drop in the market. Going forward don’t always assume …

Various Conditions

Condition Precedent vs. Condition Subsequent vs. True Condition Precedent (Ontario) Contractual duties arise upon acceptance and formation of a contract. There is then an obligation of “good faith contractual performance”. …

Working for a “Friend” (Ontario)

Question: A “friend” just asked me to help him write the purchase agreement for him to privately buy his wife’s former family cottage. Of course, he does not want to pay …

Pets Causing Damage

Question: I have an investment property and the last time I inspected it wreaked of cat urine. Is there anything I can do? Answer: While you are stuck with them …