Tag: representations

Tag: representations

Real Estate law: Can You Refuse to Close if Your Condominium Square Footage is Less Than You Bargained For?

In real estate law, representations are very important elements to any agreement of purchase and sale.  Typically the party selling the property will represent things such...

Real Estate Law: What the Difference is Between a Condition and a Warranty and Writing the Agreement of Purchase and Sale

One of the most important things I stress to Realtors and purchaser clients is to make sure it is very clear in the agreement of purchase...

REAL ESTATE: Latent & Patent Defects when purchasing a home. Need a home inspection?

Latent defects in the eyes of the law applicable at the time when administering the sale of a real estate property (land, buildings and fixtures or chattels),...

THE AGREEMENT OF PURCHASE AND SALE: Not Just Used In Real Estate!

An agreement of purchase and sale is a major key document in negotiating to buy and sell an asset. This is an agreement between the seller and...

Terminate Commercial Tenancy…Beware of the Pitfalls

I am lucky enough in my practice to handle a fair bit of commercial landlord/tenant disputes.  I find this work challenging and rewarding, primarily because my...

Business Purchase Gone Wrong

You decide to purchase a business-- either to consolidate the market, or enter into a new venture. After a hard fought negotiation and many wrinkles in...

Understanding the Standard Agreement of Purchase and Sale – Part 1

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...