ARCHIVED BLOG POSTS
2008
Designated Agency: A Short Reprieve for Double-Dipping By Brian Madigan LL.B.Under discussion at the moment is the matter of designated agency. It is being suggested as a possible solution to some current agency problems.Before we look at it designated agency, let's understand the context.A bro...
12/22/2008
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Merry Christmas! By Brian Madigan LL.B.I thought that I should say something. However, this year I have become somewhat disillusioned.All the very best cards by far are from muffler shops and commercial establishments that are seeking my business. I know that I'm on their mailing list because o...
12/21/2008
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Real Estate with an Upside By Brian Madigan LL.B.This is the best real estate to buy. You want to acquire something with a positive upside that is simply not just generally increasing with the market.Consider a property that has some income potential in a downtown location. You should be able t...
12/21/2008
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Getting Rid of the Tenants for the Sale By Brian Madigan LL.B.This is not going to be the easiest thing to do, but it can be done. Sometimes, tenants are simply a liability. They are rude and objectionable and nobody wants them. And, what's more, no one wants your building with these undesirabl...
12/21/2008
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Basement Apartments: A Tale of Two Cities By Brian MadiganThere is $25,000 available for basement apartments in two different cities.In Calgary, it's in the form of a grant, and in Brampton, it's in the form of a fine.So, whether the municipality pays you, or you pay the municipality, really dep...
12/21/2008
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Private Deed Restrictions By Brian Madigan LL.B.From time to time the question of private deed restrictions comes up. What do they mean? Where are they registered? Who enforces them?An owner of a parcel of property can register certain "deed restrictions", "restrictive covenants", "registered re...
12/20/2008
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Covenants, Conditions and Restrictions By Brian Madigan LL.B.Sometimes people will ask, just what is in a covenant? What do they look like? What do they say? How detailed are they?So, if you are not familiar with them, then here's an example of a Restrictive Covenant by the developer Pleasantvi...
12/19/2008
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Perimeter Fencing ~ Who owns it? By Brian Madigan LL.B.That's a good question and it's not easy to figure out. Well, it starts out easy, but then fences fall down, get repaired or replaced and people move. So, eventually no one seems to know the answer.Let's start with a simple subdivision and ...
12/18/2008
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Fire Damage: Should the Tenant Pay Twice? By Brian Madigan LL.B.An interesting issue arises in most commercial leases. The Landlord will arrange to obtain a policy of insurance to protect it against various risks and perils including damage by fire.The Tenant occupies the premises and may be th...
12/17/2008
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November Prices Rise The Toronto Real Estate Board just released its November statistics. All the numbers are effective the end of November. There are three general reports, one for the GTA, that is the Greater Toronto Area, one for Toronto (referred to also as the 416, for its telephone exchange...
12/08/2008
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