Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2010 

ORES Real Estate Index for January 2010   By Brian Madigan LL.B.Here is the "ORES REAL ESTATE INDEX" which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as...
02/13/2010
"Quid Pro Quo" Explained   By Brian Madigan LL.B. The latin expression "quid pro quo" means "this for that". In a legal context it often stands for the consideration in a contract.A gift is voluntary and will not be enforced by the courts. A contract is an agreement whereby two parties are bound ...
02/11/2010
"Res Ipsa Loquitur" Explained  By Brian Madigan LL.B.The latin expression "res ipsa loquitur" translates as "the thing speaks for itself", or in others words, "it's self-evident" or "self-explanatory".When it comes to proving negligence in Court, there are several elements of the tort that must b...
02/11/2010
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The Latin Term "Ad Hoc" Explained   By Brian Madigan LL.B.There is a simple latin expression "ad hoc" and it means "for this specific purpose".When the expression is used in a legal context, it is usually made with reference to a committee, a project or an undertaking.Commonly, an association, ag...
02/10/2010
Jim Frimmer: Thanks for the 1,000 Points! By Brian Madigan LL.B. Jim Frimmer represents the best in terms of membership here on Active Rain. Although we are in totally different areas, he in San Diego and myself in Toronto, he drops by my posts frequently to give me a heads up on various articles...
02/10/2010
Do You Believe Real Estate Headlines?   By Brian Madigan LL.B.Well, let's have a look at a recent headline in the Toronto Star:"Existing home sales soar 87% in 'crazy' January"The article that followed commenced:"The deep-freeze of January is usually a signal for realtors to take a winter cruise ...
02/09/2010
Real Estate: The Calendar Cycle for 2010   By Brian Madigan LL.B.Year after year, we are faced with the same cycle, repeated time and time again.Let's have a look at the last few years and see if we can determine any patterns?We'll look at the ORES Real Estate Index for single family homes in the...
02/08/2010
"Pendente Lite" Explained   By Brian Madigan LL.B.The latin term "pendent elite" means while the litigation is pending. Often it is a Court Order issued "pendent lite", that is, "while the Court case is pending".For example, interim orders for support in family law cases and divorce cases are fre...
02/08/2010
"Lis Pendens" Defined By Brian Madigan LL.B. The latin term "lis pendens" stands for "pending litigation. It is used to provide notice of a lawsuit. Because the term refers to a procedural aspect of the law, the definition varies from jurisdiction to jurisdiction. So, there are literally hundreds...
02/08/2010
"Sui Juris" Explained   By Brian Madigan LL.B.The latin expression "sui juris" commonly indicates the "capacity to contract in law".The legal dictionary definitions seem to repeat a common classical theme:1) To make a valid contract, a person must, in general, be sui juris,2) Every one of full ag...
02/08/2010
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