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 

Economy Dips in Canada in Second Quarter of 2011 Ontario Real Estate Source By Brian Madigan LL.B. It had been thought that the Canadian economy which performed so well since the 2008 recession was somewhat invincible. No, that’s not the case! The second quarter results show that gross domestic ...
08/31/2011
Ontario Court of Appeal and the SPIS Ontario Real Estate Source By Brian Madigan LL.B. So, what does the Ontario Court of Appeal think about the Seller Property Information Statement drafted by OREA and commonly used in  many transactions? Let’s have a look at the specific comments directed by t...
08/30/2011
    Ontario Real Estate Source   By Brian Madigan LL.B. In order to permit electronic signatures and electronic negotiating, the Electronic Commerce Act would have to be amended. The intention or so it would appear from the Act initially was that Agreements of Purchase and Sale would be excluded...
08/30/2011
Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 4.40% 1 YEAR 3.50% 2.64% 2 YEARS 3.85% 2.99% 3 YEARS 4.35% 3.29% 4 YEARS 4.99% 3.19% 5 YEARS 5.39% 3.49% 7 YEARS 6.35% 4.49% 10 YEARS 6.75% 4.79% Rates are subject to change without notice. *OAC E&OE   CURRENT PRIME RATE IS 3.00% Ontario Real Est...
08/29/2011
  Latin in Life, Courts and Real Estate Ontario Real Estate Source By Brian Madigan LL.B. Latin Legal Terms (less known) Word Pronunciation Original Meaning Modern Meaning a mensa et toro ah men-sa eht to-row from table and bed legal separation casus belli ka-soos bel-lee occasion of war an event...
08/28/2011
Latin in Life, Courts and Real Estate   Ontario Real Estate Source By Brian Madigan LL.B. Latin Words Used in English Judicial System Word Pronunciation Original Meaning Modern Meaning ad hoc ad hok to this for a specific purpose, case, or situation corpus delicti kor-pus de-lick-tee body of the...
08/28/2011
Latin in Life, Courts and Real Estate Ontario Real Estate Source By Brian Madigan LL.B. Common Latin Words Used in the English Language     Word Pronunciation Original Meaning Modern Meaning affidavit uhf-fee-day-wit he pledged a sworn, written statement bona fide boh-nuh fee-day (in) good faith...
08/28/2011
Common Law Spouses ~ Matrimonial Homes (2) Ontario Real Estate Source By Brian Madigan LL.B. Question If someone is just living with another person are they entitled to the rights of a "matrimonial home"?    Answer    There are two definitions of spouse under the Family Law Act.   The expanded d...
08/27/2011
Common Law Spouses ~ Matrimonial Homes Ontario Real Estate Source By Brian Madigan LL.B. Question Is a common law spouse entitled to the rights of a "matrimonial home"?    Answer    Based on this particular question, the answer is "yes". However, it may be that another question was intended. The...
08/27/2011
Life Insurance From Banks Ontario Real Estate Source By Brian Madigan LL.B. Life insurance from banks! That seems peculiar.   Who would buy life insurance from a bank? Well, it actually happens quite often. Banks offer life insurance to match the outstanding debt on a mortgage or personal loan. ...
08/24/2011
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Brian Madigan

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