ARCHIVED BLOG POSTS
2011
Small Apartments ~ Picking a Price, Sight Unseen Very often it is just impractical to see all the units before an Offer. You need to see the common areas and the systems, ie. gas, hydro, electrical before an Offer is submitted. Then if there are 10 units, it would be ideal to see at least one bac...
02/20/2011
3
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Valuation of Businesses For Sale So, what's the place worth? That seems like a simple enough question. But, the answer can be tricky. Let's consider a few situations: 1) the business is profitable, 2) the business in breaking even, 3) the business is losing money monthly, 4) the busin...
02/20/2011
1
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Sui Generis The latin term "sui generis" means "of one kind, or beloning to the same category". It is a term that applies frequently in biology and botany and like sciences, where categorization and sub-categorization are commonplace. It comes up in legal judgments as a disclaimer. The intention ...
02/20/2011
1
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Veto The latin legal term "veto" means "I forbid". The veto power is negative in nature. It prevents some law from being enacted or some authority or power from being exercised. It was a power that was exercised and commonplace in Rome, but limited somewhat in modern democracies. The most well-kn...
02/20/2011
2
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Volenti Non Fit Injuria This is a latin legal term which may be translated as "to a willing person, no harm or injury is done". Over time, it has become a legal defence in may lawsuits. The best and most frequent example used is that of the boxer. The boxer essentially agrees in advance of the bo...
02/20/2011
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Quo Warranto This is another of the "prerogative writs". Literally, it meant "by what authority". The court order was a request, (if not a requirement) to a public official to justify the authority under which he exercised certain powers and authorities. The "excess of authority" was commonplace ...
02/20/2011
1
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Process of Tendering Part 2 Tendering is "litigation readiness". It has little or nothing to do with the parties or their real estate agents in the transaction, and everything to do with their respective solicitors. In effect, it may simply be a matter of "posturing", and indication that "we are ...
02/20/2011
2
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The Process of Tendering Ontario Real Estate Source Brian Madigan LL.B. Tender is very common in all potentially litigious transactions in default. In some cases, tender may be waived, which would result in a failure to exchange the documents, but the documents would likely already have been del...
02/19/2011
3
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Mortgage Fraud and Oklahoma Offers Ontario Real Estate Source By Brian Madigan LL.B.What is an Oklahoma Offer!Actually, it's a simple form of real estate fraud. There are variations depending upon how many parties are involved and who is the intended victim.So, let's look at two examples, in the...
02/15/2011
1
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Terms Bank Rates Preferred Rates 6 Month 4.45% 3.95% 1 YEAR 3.50% 2.64% 2 YEARS 3.75% 3.29% 3 YEARS 4.35% 3.39% 4 YEARS 5.14% 3.84% 5 YEARS 5.44% 3.94% 7 YEARS 6.34% 4.94% 10 YEARS 6.65% 5.15% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
02/15/2011
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