Sellers should be weary and concerned with agreeing to a holdover period as defined in a typical listing agreement to offer to sell a property. The same can be said ...
This article applies to legally married couples and not those in common-law arrangements. The long and the short of it is that IF both spouses are on title of the ...
Simply defined in the Blacks law dictionary, an easement is an interest in land owned by another person, consisting in the right to use or control the land or an ...
Time for searches Before closing a real estate transaction, a real estate lawyer will need time to search title, executions and make off-title searches or inquiries. The title search date ...
Spousal consent When selling a matrimonial home like a principal residence or cottage, it is always necessary to have the non-title holding spouse consent to the sale. For the purposes ...
Choosing a closing date The closing date can be whenever the parties agree upon, however selecting a closing date on a weekend or statutory holiday will prevent your transaction from being registered ...
Fixtures and chattels The specification of chattels versus fixtures happens to be one of the more contentious issues arising in a real estate transaction. To recap past articles, generally chattels ...
The deposit A deposit on a real estate transaction is regarded as consideration by the buyer to the seller to sell their property at a future date. If a deposit is ...
The Canadian Competition Bureau requests that MLS is opened to the general public and individual and non-CREA brokerages can list properties.
Often my clients have their realtors prepare their agreements of purchase and sale without fully understanding the clauses that are inserted. Most real estate clauses contained in the schedules of ...