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OREA’s Position on Agency Changes

August 14, 2017 - Updated: August 14, 2017RECO, OREA

OREA’s Position on Agency Changes OREA has responded to the Ministry of Government and Consumer Services. You will recall the ...

Tagged with: orea changes to agency multiple representation mandatory designated representation transactional representation

Seller’s Obligation to Disclose Defects in Ontario Transactions

August 14, 2017 - Updated: August 14, 2017Disclosure

Seller’s Obligation to Disclose Defects in Ontario Transactions The general rule of law in Ontario concerning the purchase of land ...

Tagged with: disclosuere fraser-reid supreme court of canada sellers vendors defects ontario law

Toronto Media Scrambles to Understand the Market (July 2017

August 4, 2017 - Updated: August 4, 2017Market Conditions

Toronto Media Scrambles to Understand the Market (July 2017 It’s interesting and everyone likes to talk about it. In fact, just ab ...

Tagged with: toronto real estate market july 2017 gta

The Deposit is NOT Consideration in a Real Estate Deal

July 31, 2017 - Updated: July 31, 2017Deposits

The Deposit is NOT Consideration in a Real Estate Deal The deposit is simply a contract term. It is not consideration. It is not an esse ...

Tagged with: deposits consideration contract formation ontario law

Defaulted Sales in Ontario

July 30, 2017 - Updated: July 30, 2017Contracts

Defaulted Sales in Ontario In the Spring and Summer of 2017, the real estate market has been volatile, first sharply up, then sharply down. ...

Tagged with: deals fall through 2017 damages close deals ontario law

Toronto mid-July 2017 Statistics from TREB

July 26, 2017 - Updated: July 26, 2017Market Conditions

Toronto mid-July 2017 Statistics from TREB This is the recent report from TREB: “TREB MID-MONTH STATISTICS July 20, 20 ...

Tagged with: treb statistics mid july 2017

Seller Has Legal Obligation to Update Representations at Closing

July 14, 2017 - Updated: July 14, 2017Agreement of Purchase and Sale

Seller Has Legal Obligation to Update Representations at Closing The matter of the Remedy of Rescission has been raised again in a recen ...

Tagged with: seller. legal obligation update representations ontario lawclosing

Updating the Illegal Substances Clause

July 13, 2017 - Updated: July 13, 2017Agreement of Purchase and Sale

Updating the Illegal Substances Clause A recent case in Ontario Superior Court calls into question a familiar and frequently used clause ...

Tagged with: illegal substances clause update beatty v. wei. ontario law

Seller’s Release from Prior Agreement Gives Too Much Power to the First Buyer

July 7, 2017 - Updated: July 7, 2017Contracts

Seller’s Release from Prior Agreement Gives Too Much Power to the First Buyer Sometimes, there is more than one way to deal with a ...

Tagged with: mutual release condition precedent form negotiations orea ontario law

Market Defaults and Remedies

July 7, 2017 - Updated: July 7, 2017Litigation

Market Defaults and Remedies The current Toronto real estate market has been interesting and somewhat volatile. The actual reasons don&r ...

Tagged with: toronto market volatile june 2017 remedies litigation compromise settlement

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Brian Madigan LL.B. Broker

RE/MAX West Realty Inc. Brokerage

Independently owned and operated

96 Rexdale Blvd. , Toronto Ontario,

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