Brian's Ontario Real Estate Blog

By
Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)
RECENT BLOG POSTS
Term Posted Rate Our Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 3.19% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.54% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.59% Fixed 10 Year 6.10% 3.94% Variable 2.65% Prime 3.70% Benchmark 5.34%
10/17/2018
"Ratio Decidendi" (Ontario Law) The latin expression "ratio decidendi" is one of the most important phrases used in law. It stands for the "legal principle", "the reason behind the decision" or "the rationale of the case".In essence, this is the important legal maxim drawn from the case. It is th...
10/14/2018
“Stare Decisis”  (Ontario Law) When we look at two recent cases on the law of disclosure, we need to examine the meanings of stare decisis, ratio decidendi and obiter dicta. Otherwise it will be difficult to appreciate the fine distinction in the two cases and their applicability in law.The latin...
10/14/2018
Cannabis will be Legal in Canada on 17 October 2018There will be lots of questions which affect the real estate industry.The Owners of property have to start taking steps now to protect their interests.Employment, public venues, condos, rentals are all affected to some extent.The greatest problem...
10/14/2018
Counter-Offer Form (Ontario)The Counter-Offer Form is actually an excellent concept. The difficulty is that it uses the word “accepts”.This is the wrong word. You cannot accept something with conditions, you simply reject it, and propose something else.So, in the Counter-Offer, “adopt” the wordin...
10/14/2018
Commercial Bond Yields CMB 5 Year - 2.60%* CANHOU 12/15/23 [+0.01]   ‌ 10 Year - 2.75% CANHOU 12/15/28 [+0.02] * denotes interpolated rate GoC 5 Year - 2.27% CAN 2.00 09/01/23 [+0.02]   ‌ 10 Year - 2.34% CAN 2.0 06/01/28 [+0.02] GOC Bonds are for reference purposes only Floating rate insured cos...
10/14/2018
Concept of AgencyQuestion:Which of the following statements describes the concept of agency?1. an agent is a representative who is expected to have greater expertise than the principal for the task to be performed2. an agent is a representative who owes fiduciary duties to clients and customers3....
10/14/2018
OREA’s Proposal for Open BiddingQuestion:OREA has a new proposal for “open bidding”. Will that work?Answer:OREA’s proposal is really nothing new. A Seller and prospective Buyers can agree to that arrangement now.Basically, the bump up in price will now be in the thousands rather than the tens of ...
10/14/2018
    TERM POSTED OUR RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 3.19% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.54% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.59% Fixed 10 Year 6.10% 3.94% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per $10...
10/14/2018
Signing the Confirmation of Acceptance in OntarioQuestion:Husband and wife are accepting buyer's offer. After husband finished signing he passed on the offer documents over to his wife for signing.Who signs the confirmation of acceptance?Answer:At this point neither, because it has not been accep...
10/10/2018
Rainmaker
1,402,102

Brian Madigan

LL.B., Broker
Ask me a question
*
*
*
*
Spam prevention

Additional Information