Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2017 

Notice to Remove Conditions in OntarioQuestion:When do you use notice to remove condition? And what is the difference between waiver and removing condition. The Course suggests that in lieu of  a Waiver, you can use a Notice of Fulfillment?Answer:The Notice to Remove a Condition is used to implem...
10/04/2017
Riparian Rights and Locating the Evidence (Ontario)Question:The survey shows the property line is at water's edge. The Land Registry shows the line ends there too. The City says there aren't riparian rightsThe listing agent insists that there are riparian and is citing a lawyer’s opinion about it...
10/04/2017
Going Unconditional in OntarioQuestion:How do you firm up a deal and make it binding?Answer:Watch for the correct terminology.The Agreement was already “binding” and it was “firm”.However, it contained Conditions.Whether you are using a Waiver, NOF or failing to serve a Notice of Termination you ...
10/03/2017
Agency and the Principle of Accounting (Legal Recourse)This looks another indication of the principle of accounting in agency laws:107. If the merchant cheat the agent, in that as the latter has returned to him all that had been given him, but the merchant denies the receipt of what had been retu...
10/03/2017
Agency and the Principle of Accounting (Dispute Resolution)This looks like another indication of the principle of accounting in agency laws:106. If the agent accept money from the merchant, but have a quarrel with the merchant (denying the receipt), then shall the merchant swear before God and wi...
10/03/2017
Agency and the Principle of Competency (2)This looks to be the first indication of the principle of competency in agency laws:105. If the agent is careless, and does not take a receipt for the money which he gave the merchant, he can not consider the unreceipted money as his own. The source of th...
10/03/2017
Agency and the Principle of Accounting (Receipts)This looks to be the first indication of the principle of accounting in agency laws:104. If a merchant give an agent corn, wool, oil, or any other goods to transport, the agent shall give a receipt for the amount, and compensate the merchant theref...
10/03/2017
Fixed term preferred rates & posted rates as of Oct 3, 2017 6 mos                                 3.10%         3.14%1yr                                     2.64%          3.04%2yr                                     2.54%          3.04%3yr                                     2.64%          3.44%...
10/03/2017
Agency and the Doctrine of IndemnificationThis looks to be the first indication of the doctrine of indemnification in agency laws:103. If, while on the journey, an enemy take away from him anything that he had, the broker shall swear by God and be free of obligation.The Broker here is the Agent. ...
10/01/2017
Agency and the Principle of CompetencyThis looks to be the first indication of the principle of competency in agency laws:102. If a merchant entrust money to an agent (broker) for some investment, and the broker suffer a loss in the place to which he goes, he shall make good the capital to the me...
10/01/2017
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Brian Madigan

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local_phone(416) 745-2300
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