ARCHIVED BLOG POSTS
2008
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Flying Marble and Old Insurance Policies By Brian Madigan LL.B.It was recently discovered that it is raining marble at the single best location for real estate in Canada, the intersection of King and Bay Streets in Toronto.Canada's tallest and certainly one of its most prestigious office buildin...
09/18/2008
Fallen Trees ~ When Insurance Companies Get Religious By Brian Madigan LL.B.If a tree falls in the forest, no one cares, except perhaps the termites. But, if your neighbour's tree falls on your house, then there is a little problem.First of all, is your neighbour liable? Let's say your neighbou...
09/17/2008
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Resolving Matrimonial Disputes By Brian Madigan LL.B.You may wonder what this has to do with real estate? However, unresolved disputes really represent the quickest way to eliminate any equity that has accumulated in real estate acquisitions made over the years by either parties to the marriag...
09/16/2008
Be Cautious if You are a Residential Landlord! By Brian MadiganIf you are a residential landlord or you are contemplating becoming one, you should have a look at some of the new rules.The Residential Tenancies Act came into force in January 2007. Basically, it tips the scales of justice a little...
09/15/2008
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Agreements "of" and "for" Sale Brian Madigan LL.B.There are actually two separate and distinct documents used to evidence an agreement to convey land:1) agreements of purchase and sale, and2) agreements for sale.The first category is relatively straightforward and is the common document in use. ...
09/14/2008
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Construction Liens By Brian MadiganIf you are planning on any renovations or you are building a new home, then you need to know about the Construction Lien Act.First, there is a lien which can be registered by anyone who provides work or services or supplies materials which are used for your pr...
09/13/2008
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GM's Gas Crisis By Brian Madigan LL.B.If you think GM is having a crisis because of the rising gas prices then you're wrong.GM is having a crisis due to GAS (greed, arrogance and stupidity). In fact, the "Big Three" in the North American auto industry are all suffering the same problems.Greed. T...
09/10/2008
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Do the Fish go with the House? By Brian Madigan LL.B.Who cares? Really, this is a more complicated question than it might appear at first blush.Let's assume you have ten 50 cent goldfish in a tank, does it really matter all that much? On the other hand, I recently came across a situation where a...
09/10/2008
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By Brian Madigan LL.B. I set up the ORES Real Estate Index last year. In many ways it is like the CPI (consumer price index) in the sense that it is designed to track values over a period of time.The Index commenced 1 January 2004. All related prices were converted to 100, so everything to be com...
09/09/2008
Fannie Mae and Freddie Mac Bailouts: Not in Canada By Brian Madigan LL.B.Fannie Mae and Freddie Mac are government-sponsored entities.They were formed by the federal government in the United States: The Federal National Mortgage Assn. (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddi...
09/08/2008
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