ARCHIVED BLOG POSTS
2016
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Lawsuit Unsuccessful – Not Enough DefendantsWe are still having a look at the “buildable lot” case, Drolet v. Re/Max Riverview (2016).This matter started out with the Buyer, Drolet having purchased a property for $23,000, and later being able to prove a further $17,979.53, in consequential losses...
09/07/2016
False Representation Made by Agent without LiabilityThis is the “buildable lot” case, Drolet v. Re/Max Riverview (2016) and the “issue” of the false representation.If the agent indeed made a false statement, why was there no liability?The FactsMy comments throughout will appear in Italics in that...
09/07/2016
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.08%*Canada housing 12/15/21 [-0.04] 5 Year - 0.64%CAN 0.75 09/01/21 [-0.04] 0.95% [-] 10 Year - 1.58%Canada housing 09/15/26...
09/07/2016
Terms The Bank Preferred Rates 1 Year 2.84% 2.29% 2 Years 2.79% 2.24% 3 Years 3.39% 2.49% 4 Years 4.09% 2.39% 5 Years 4.79% 2.49% 7 Years 5.85% 3.39% 10 Years 6.09% 3.69% VIRM 2.70% 2.20% The prime rate is 2.70%
09/07/2016
Presence of Asbestos in Tiles Question: Offer is submitted, home inspection completed, deal firms up. Apparently, there is asbestos in the ceiling tiles and the floor tiles. The source of this information is the condo management company.The removal must be undertaken appropriately. It will cost $...
09/06/2016
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.39% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...
09/05/2016
Rainmaker
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Brian Madigan
LL.B., Broker
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