ARCHIVED BLOG POSTS
2016
Agent Fails to Investigate Ongoing Renovations and Zoning Status In this particular case, the Listing Agent failed to properly follow up with the municipality. Betty Rubble was selling a single family property. There was an extra unit. Apparently, there was an interior door connecting the two uni...
03/11/2016
Commercial Bond Yields CMB GoC Floating RateInsured Cost of Funds 5 Year - 1.27%Canada Housing 06/15/21 [+0.04] 5 Year - 0.75%CAN 0.75 09/01/20 [+0.04] 0.86% [-] 5 Year - 1.37%*Canada Housing 12/15/21 [+0.04] 10 Year -...
03/10/2016
Agent Fails to Determine HST Implications (RECO Discipline)This particular situation is relatively straightforward. The HST implications were not addressed.Harry Rosen took a listing of a mixed use property and subsequently arranged for the negotiations and sale of that property.The Property was ...
03/10/2016
If you require a referral to a mortgage broker, please call me. Brian R. Madigan, LL.B., Broker RE/MAX West Realty Inc., Brokerage 416-745-2300 (office) BRMadigan@Rogers.com (e-mail) www.iSourceRealEstate.com (web) Commercial / Residential Rates 5 yrs Fixed Commercial 1.99% (Insured) 5 yrs F...
03/10/2016
Fixed term best discounted rates & posted rates as of March 8, 2016 6 mos 3.10% 3.14%1yr 2.29% 2.89%2yr 2.24% 2.84%3yr 2.34% ...
03/08/2016
1yr-2.89%2yr-2.59%3yr-2.74%4yr-2.87%5yr-2.50%5 year variable 2.05% If you would like a referral to a mortgage broker, then please give me a call. Brian R. Madigan, LL.B., Broker RE/MAX West Realty Inc., Brokerage416-745-2300 (office) BRMadigan@Rogers.com (e-mail) www.iSourceRealEstate.com (web)
03/06/2016
Who Should be Authorized to Receive Notices By Email? Question:I would like some clarification with respect to the NOTICES clause in Agreement of Purchase and Sale Form 100 (Ontario).The notices clause indicates that documents are sent by fax or email. With respect to email, if for examaple the...
03/06/2016
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Insurance Coverage and the Use of Templates Question:In an E&O case, will we have coverage if we venture off from the standard clauses which have all been drafted by OREA? Answer: First, I think most agents should use templates, particularly the new agents. As for E&O coverage, you are covered f...
03/04/2016
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Digital SignaturesWe probably should have a different name for "digital signature identity confirmation". In fact, maybe, that's what we should call it.That same process by a Bank .manager is called "authentication". The person is never in front of the bank manager. They just check the signature ...
03/04/2016
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POWERS OF ATTORNEY: Question:When someone has a power of attorney, if they are currently capable and have their "wits" about them, when do they sign and when does the Attorney sign? Answer: The power of attorney is usually straightforward. That means “it’s a go” NOW. So, if the Attorney had it, t...
03/04/2016
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