Brian's Ontario Real Estate Blog

By
Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2008 

SPIS ~ Sask and Brooke  By Brian Madigan LL.B.This was a case heard in the Supreme Court of British Columbia and it involved the Property Condition Disclosure Statement.Briefly, the plaintiff as purchaser acquired a condominium unit for $133,000 but the unit leaks, as do others in the complex. Ob...
08/17/2008
SPIS ~ Wiebe and Loconte  By Brian Madigan LL.B.This case involves a claim for damages against the vendors, the fomer owners of a house. The house was located in Winnipeg and the decision was made by the Court of Queen's Bench of Manitoba.It is rather clear that there were mice in the house. Befo...
08/17/2008
SPIS ~ Royt and Goldenberg  By Brian Madigan LL.B.This is a case which involves the discussiion of the Seller Property Information Statement (SPIS) and its effect on the outcome of a prposed real estate transaction. A review of the case will be limited to the SPIS issue.Briefly, Mr, and Mrs Royt ...
08/16/2008
SPIS ~ Weinman and Brinkman  By Brian Madigan LL.B.This was a Small Claims Court decision in Toronto involving the use of the Seller Property Information Statement.Briefly, the purchaser acquired a real estate property (416 St. Clement's Ave.) in Toronto from the vendor pursuant to a standard for...
08/16/2008
Real Estate and the Law of Disclosure  By Brian Madigan LL.B.The general rule of law in Ontario concerning the purchase of land is that of "caveat emptor", or as translated "let the buyer beware." At common law this principle stood for the proposition that when the buyer hadrequired no warranty h...
08/10/2008
SPIS ~ Document Reviewed Part 8   By Brian Madigan LL.B.This is a further continuing review of the Seller Property Information Statement currently in use in Ontario.This section deals with final summary and general comments at the end of the document, sellers' liability, indemnity in favour of th...
08/10/2008
SPIS ~ Document Reviewed Part 7   By Brian Madigan LL.B.This is a further continuing review of the Seller Property Information Statement currently in use in Ontario.This section deals with improvements and structural issues. It also deals with wood burning systems, heating systems, air-conditioni...
08/09/2008
SPIS ~ Document Reviewed Part 6   By Brian Madigan LL.B.This is a further continuing review of the Seller Property Information Statement currently in use in Ontario.This section deals with both improvements and structural issues. It also deals with insulation and Fire Code compliance.The regular ...
08/08/2008
SPIS ~ Document Reviewed Part 5   By Brian Madigan LL.B.This is a further continuing review of the Seller Property Information Statement currently in use in Ontario.This section deals with environmental issues, conservation authorities, buried wells, tanks and pools, as well as the growth or manu...
08/06/2008
SPIS ~ Document Reviewed Part 4   By Brian Madigan LL.B.This is a fairly controversial statement. It is relatively commonplace is some jurisdictions and among the members of different real estate boards. There is no standard practice in Ontario. So, over the next few days I propose to go through ...
08/05/2008
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Brian Madigan

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