Brian Madigan LL.B., Broker ~ Law of Attachment (Chattels and Fixtures) Ontario Real Estate Source Law of Attachment ~ Chattels and Fixtures will be offered in the following locations: 1) KitchenerWaterloo Association of REALTORS 22 October 2011 2) Guelph & District Association...

10/03/2011

Brian Madigan LL.B., Broker ~ Disclosure Course

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Brian Madigan LL.B., Broker ~ Disclosure Course Ontario Real Estate Source Law of Disclosure and the Use of the Seller Property Information Statement will be offered in the following locations: 1) Mississauga Real Estate Board 14 October 2011 2) Ottawa Real Estate Board 11 No...

10/03/2011

Mortgage Rates ~ 3 October 2011

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Ontario Real Estate Source Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 4.40% 1 YEAR 3.50% 2.75% 2 YEARS 3.85% 2.84% 3 YEARS 4.35% 2.89% 4 YEARS 4.19% 2.99% 5 YEARS 5.24% 3.44% 7 YEARS 6.35% 4.49% 10 YEARS 6.75% 4.79% Rates are subject to change without notice. *OAC E&OE Other Rates: CURRENT...

10/03/2011

Leslie Log House in Mississauga

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Leslie Log House in Mississauga Ontario Real Estate Source By Brian Madigan LL.B. There is now a new museum in Mississauga. You probably already know about Benares and the Bradley House. The Leslie Log House is the third museum in Mississauga, There is an advantage here, since it houses the St...

10/03/2011

Does an Agreement of Purchase and Sale become Null and Void on Completion?

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Does an Agreement Become Null and Void on Completion? Ontario Real Estate Source By Brian Madigan LL.B. Question: Does an Agreement Become Null and Void on Completion? Answer: No, a completed agreement is one that is executed, satisfied, fulfilled, completed or closed. It does not become “null an...

10/03/2011

Is the Spousal Consent Required for Investment Properties?

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Is the Spousal Consent Required for Investment Properties? Ontario Real Estate Source By Brian Madigan LL.B. Question: If a husband purchased a residential investment property, not his principal home, do we need the wife to sign the spousal consent when he sells? Answer: To some extent...

10/02/2011

What does “derogation from the grant” mean?

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What does “derogation from the grant” mean? Ontario Real Estate Source By Brian Madigan LL.B. The concept of “derogation from the grant” is a unique legal expression having serious implications. The grant in this case is the lease agreement and the reference is to what the Landlord had agreed ...

10/02/2011