ARCHIVED BLOG POSTS
2010
2
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Risk Assumption and Home Inspections By Brian Madigan LL.B.(Ontario Real Estate Source)I was recently involved in the acquisition of a property that had several levels of roofs. Naturally, the purchaser agreed to a home inspection. However, there was one little problem: there was snow and ice on ...
04/28/2010
8
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RECO Election 2010 ~ Risk Management By Brian Madigan LL.B.As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2010.Let's look at an issue which I believe is topical for t...
04/27/2010
12
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RECO Election 2010 ~ Real Estate Specialists By Brian Madigan LL.B. As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2010. Let's look at an issue which I believe is ...
04/26/2010
5
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Related Parties Under REBBA 2002 By Brian Madigan LL.B.Are you related to cousin Vinny? Well, you were until 31 March 2006 and now you're not. That's the "correct" real estate answer!Who are you related to? That seems to be a simple enough question.However, the entire matter of who is a "related ...
04/26/2010
0
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Mortgage Rates April 2010 By Brian Madigan LL.B.(Ontario Real Estate Source)Mortgage rates in Canada are generally much lower now than they have been in the last 50 years, but they show a slight increase over the last few months.This is still an excellent time to take advantage of the preferentia...
04/26/2010
1
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Mutual Driveway Issues ~ Links to the Star By Brian Madigan LL.B. Here are the links to the two recent articles published by the Star: Katie Daubs entitled "Driveway Dispute Divides Neighbours": http://www.thestar.com/news/gta/article/798333--driveway-dispute-stresses-senior?bn=1 Brendan Ke...
04/25/2010
9
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Mutual Driveway or Just a Lane? By Brian Madigan LL.B.(Ontario Real Estate Source)The Toronto Star recently ran a couple of articles which concerned neighbours and a driveway dispute.The first was written by Katie Daubs entitled "Driveway Dispute Divides Neighbours".The second was written by Bren...
04/25/2010
Unfair Business Practices and the Consumer Protection Act By Brian Madigan LL.B.The Business Practices Act was a very good piece of legislation, but not too many people knew about it, so last year the Ontario Government replaced it with the Consumer Protection Act.When it comes to real estate the...
04/23/2010
14
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Is the Garden Shed a Chattel or a Fixture? By Brian Madigan LL.B.(Ontario Real Estate Source)Recently, a reader was concerned about an upcoming closing and was somewhat worried that the vendor was planning to take the garden shed with him. The buyer wanted to know whether the vendor could take th...
04/23/2010
2
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Gold or Real Estate ~ What's Better? by Brian Madigan LL.B.(Ontario Real Estate Source)It is interesting that the best performing asset class over the last five years has been gold. To some extent this is simply a reflection of economic instability, uncertainty and pessimism. The bounce in perfor...
04/22/2010
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