Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2011 

March 29th, 2011                   Prime Rate: 3.00%                     1yr 2yr 3yr 3yr VIRM 4yr 5yr 5yr VIRM 7yr 10yr Laurentian Bank 2.70 3.35 3.75 Prime-0.55 4.04 3.84 Prime-0.75 4.90 5.14 TD Bank 3.09 3.35 3.80 - 3.94 4.04 Prime-0.65 4.79 4.99 National Bank 2.85 3.25 3.60 - 3.84 3.89 Prime-...
03/30/2011
The Negligence Act and the Real Estate Transaction  Ontario Real Estate Source By Brian Madigan LL.B. While many would wonder what the Negligence Act has to do with a real estate transaction, let's have a look at a recent case. A purchaser wanted to acquire a piece of commercial property. Obviou...
03/29/2011
Negligence Act ~ Procedural Matters The Negligence Act also includes some procedural provisions, however, inherently, they may also be matters of substance. Let's look at the following sections: Adding parties 5. Wherever it appears that a person not already a party to an action is or may be whol...
03/29/2011
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% 3.55% 4 YEARS 5.14% 3.79% 5 YEARS 5.44% 3.84% 7 YEARS 6.34% 4.89% 10 YEARS 6.65% 4.99% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
03/29/2011
Negligence Act ~ No Determination of Apportionment Sometimes it's difficult to apportion liability. Here's section 4 of the Negligence Act: Where parties to be deemed equally at fault 4.  If it is not practicable to determine the respective degree of fault or negligence as between any parties to ...
03/28/2011
Negligence ~ Apportionment to Plaintiff In some cases, the plaintiff himself may have caused or contributed to the accident. Let's reconsider the same three car rear-end accident, but this time, vehicle A, changed lanes quickly without signally. So, while vehicle A did come to a full stop in fron...
03/28/2011
Negligence Act ~ Recovery In our example, A sustained injuries and damages due to the negligence of both B and C. But, since it was actually just B who came into direct contact with A, then A might decide that just B will be sued. Let's look at section 2: Recovery as between tortfeasors 2. A tort...
03/28/2011
Negligence Act ~ Liability The Negligence Act sets out dealing with the matter of the liability between joint tortfeasors. Here is the section 1: Extent of liability, remedy over 1. Where damages have been caused or contributed to by the fault or neglect of two or more persons, the court shall de...
03/28/2011
The Negligence Act deals with several aspects of negligence, liability and apportionment, including 1)    liability, 2)    apportionment between joint tortfeasors, 3)    apportionment to plaintiff, 4)    no determination of apportionment, and 5)    procedural matters. The difficulty arises in cas...
03/28/2011
Negligence Act ~ Purpose Ontario Real Estate Source By Brian Madigan LL.B. The Negligence Act deals with the matter of apportionment in the field of torts. Tort law considers the liability of a party to another for wrongdoing whether intentional or not, where the injured party has suffered a mea...
03/28/2011
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Brian Madigan

LL.B., Broker
local_phone(416) 745-2300
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