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”. …
Keeping the Offers in play during Multiples
Question: Can someone ever retract an offer once submitted in multiples? The Agent called me once she was aware there was a second offer and retracted it. Can she do …
Double ending your listing (Clients or Customers) Ontario
Question: Do you sign the new buyers up as clients or customers? Answer: “Customers” is a difficult concept to explain. Most of the time the consumer cannot explain it back …
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 …
Agent Breaks Into House with Home Inspector and Buyer
As strange as it may seem that’s exactly what one agent did. The Agreement was subject to a home inspection condition. The Listing Agent was going away, so the Buyer’s …
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 …