Tags Posts tagged with "legal issues"

legal issues

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Here are five ways to avoid closing problems, so that you can protect both yourself and your clients and stay out of legal trouble. Save yourself from a lot of potential headaches on closing.

RECO warns public about former broker

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The American court found that the insurance company's duty to defend the corporation did not include an obligation to proceed with a counterclaim. It would be up to the corporation to bring its own claim.

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The court determined that the defendants were simply trying after the settlement to obtain more land. One has to wonder, when defendants try to avoid a settlement, whether they will turn on their lawyers.

RECO warns public about former broker

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As pointed out in prior cases and articles published in REM, a professional, in order to be liable to a client, must breach a duty of care (skill, diligence, proper advice).

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You can’t afford to not know the legal dangers lurking to destroy your deal, client and reputation. The solution? Educate yourself and read on to learn about one of the most common mistakes arising out of lease deals.

RECO warns public about former broker

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A lawyer in a family matter had his client sign a retainer that stated, “in the lawyer’s discretion he could withdraw from acting on her behalf” for reasons including non-payment.

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The new Ontario Bill-55 has been created to solve the growing problem of phantom offers in real estate. The question is, will that eliminate phantom offers? In my opinion, no.

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Real estate closing days are already stressful occasions for buyers and sellers. When they are scheduled for the end of a month, particularly a Friday before a long weekend, there are added concerns for both buyers and sellers.

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Canadian courts are unclear as to whether or not they’ll enforce a Continuous Operation clause. Some judges have and others haven’t. So, don’t leave it up to chance to determine the fate of your client’s livelihood. You might find yourself in a lawsuit.

RECO warns public about former broker

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Three legal briefs from Donald Lapowich, on the amount of damages that can result from negligence, interpreting the definition of easement, and when a real offer to purchase has been made.