Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2015 

 Fixed term best discounted preferred rates & posted rates as of August 25, 2015 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.19%          2.84%3yr                                    ...
08/25/2015
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.05%
08/24/2015
Reducing the Risks for the Buyer's Agent The sale of a property by an estate can present difficult and challenging issues for the buyer’s agent. After all, they don’t know the family, they don’t know how controversial the listing may have been, they don’t know if there is any animosity among the ...
08/23/2015
Chattels Condition Clauses The issue going forward is to come up with a series of clauses that would be suitable.Old worn out Chattels with No ValueBasically, there should be no warranty at all. These should be “as is” and at the Buyer’s risk.Medium Range Chattels of ValueThese particular ones sh...
08/23/2015
Meaning of "Gravamen"By Brian Madigan LL.B.(Ontario Real Estate Source)The latin expression "gravamen" means "to weigh down", or "be heavy".As it is used in law, the expression has come to mean the essence of the case, the substance of the case, or the seriousness of the case.It is in effect, the...
08/23/2015
Chattels Fixtures working order The standard wording in the OREA Standard clauses for chattels, fixtures, rental equipment are rather insufficient when it comes to the effectiveness of the warranty. They are useless and need to be re-written.In essence, that was the view expressed in an article t...
08/23/2015
The standard wording in the OREA Standard clauses for chattels, fixtures, rental equipment are rather insufficient when it comes to the effectiveness of the warranty. They are useless and need to be re-written.In essence, that was the view expressed in an article that appeared in the Star over th...
08/23/2015
Matrimonial Home ConsentQuestion 1999           Mary buys property with husband George2003           Mary and George divorce2005           Mary has property transferred to her name alone2008           Mary meets Bob, and Bob moves in2009           Mary marries Bob2010           Bob moves out     ...
08/22/2015
Matrimonial Home Consent Question 1999           Mary buys property with husband George2003           Mary and George divorce2005           Mary has property transferred to her name alone2008           Mary meets Bob, and Bob moves in2009           Mary marries Bob2010           Bob moves out    ...
08/21/2015
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.11%Canada Housing 12/15/20 [-]       5 Year - 0.62%CAN 0.75 09/01/20 [-0.03]       0.90% [-]                       10 Year - 1.87%*Canada Housing 12/15/25 [-0.04]       10 Year - 1.28%CAN 2.25 06/01/25...
08/21/2015
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Brian Madigan

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