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Proposed real estate law changes may stop double ending
In Ontario, it is not uncommon to find that the same real estate agent represent both the buyer as well as the owner of a property. This is called double ending and requires both the buyer and seller to agree...
Real estate: Ontario court rules neighbours share maple tree
Neighbours in Ontario can live in peace and harmony for many years -- until one decides to cut down a tree that is shared by both. Real estate issues such as this can lead to costly litigation and, along with...
New rules for rental real estate owners in Ontario
The struggles between landlords and tenants are probably as old as civilization itself. Since the inception of real estate, there have been property owners property renters. Disputes occur with regularity here in Ottawa and across the province. The provincial government recently...
A Gift is a Gift is a Gift – Gift Letters and Mortgage Down Payments.
Many homebuyers struggle financially to qualify to purchase a home. Often I see this with younger clients. Many young people need a little bit of help to get that first home. If they are lucky, they will have generous parents...
What is an Irrevocable Date and Why is it Important?
A binding contract requires offer and acceptance and consideration. Generally, an offer can be accepted at any time until it is revoked. In order to not allow an offer to be available for acceptance all Agreements of Purchase and Sale...
Agreements of Purchase and Sale Must be Completed in Good Faith
If you have been following my blog, I surprised many people last year with the revelation in Agreements of Purchase and Sale are legally binding contracts that you cannot simply "use" a condition in the agreement to "get out" of the deal....
