Legal Issues

Legal Issues

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Have you ever listed a house for a client, only to find out that there are liens registered against the property that will hinder the closing? There may be a way to deal with a client's debts, and still complete the sale.

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A recent decision from the Ontario Superior Court in July highlights the obligation real estate agents have to review home inspections with their clients.

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This decision by the Supreme Court of Canada marks an important development in the law relating to directors' personal liability and refines our understanding of this key component of Canadian corporate law.

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Whether it’s in the commercial or residential world, negotiating is always a messy process that leaves copious amounts of room for mistakes. Can you use a mistake to get out of a bad deal?

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The tenant walks away from the "binding" offer to lease. Can you save the deal? Taking these steps protects you from any surprise material issues popping up and ruining your supposed binding offer.

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It goes without saying that when problems arise, it is easy for buyers or sellers to try to blame the salespeople for what has happened. Here are five key things to keep in mind when things go wrong in a real estate deal.

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The question is whether escalation clauses are permitted in an Ontario bidding war where agents are being used. Here is what you need to know.

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The Real Estate Council of Ontario (RECO) sent a controversial newsletter about the use of escalation clauses to agents across the province. Discussions on the Internet lit up with criticisms of the RECO position. 

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If the buyer cannot close, they will likely forfeit their deposit and be subject to a lawsuit from the seller, for the difference in the sale price if the seller now sells the property for a lower price than the buyer agreed to pay.

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The saga of the contorted definition of “real estate” continues. Section nine of REBBA continues to be a trap for the unwary in which one individual is barred from receiving compensation while another enjoys a windfall.