Brian Madigan LL.B., Broker

RE/MAX West Realty Inc.,
Independently owned and operated

96 Rexdale Blvd. 
Toronto, Ontario 

Phone: 416-745-2300

Cell: 647-404-8150 
Toll Free: 1-888-507-0817

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Posts filed under: Buyers

Handling the Keys on Closing

May 3, 2018 - Updated: May 3, 2018Buyers

Handling the Keys on Closing Question: How do you handle the keys on closing? Answer: Assuming that I am the List ...

Tagged with: keys closing lockbox change code ontario conveyancing

Buyer's Swimming Pool Clause for Late Winter

February 20, 2017 - Updated: September 4, 2017Buyers

A Buyer’s Swimming Pool Clause for Late Winter A difficulty arises in the Winter, after the pool is closed and before it is open ...

Tagged with: swimming pool risk buyer protection clause ontario

Lawyer's Approval Must be Exercised in Good Faith

November 15, 2016 - Updated: November 15, 2016Buyers

Lawyer’s Approval: Must be Exercised in “Good Faith” Legal Terms or Business Terms? You will often see a ...

Tagged with: lawyer approval clause contract legal terms business terms good faith ontario law

NEW Land Transfer Tax Rates in Ontario

November 14, 2016 - Updated: November 14, 2016Buyers

NEW Land Transfer Tax Rates in Ontario The new Land Transfer Tax Rates in Ontario will be: Up to $55,000 X 0.5% of total pro ...

Tagged with: land transfer tax ontario rebate increase first time homebuyers

Just Who is the Buyer: A Consortium?

March 18, 2016 - Updated: March 18, 2016Buyers

Just Who is the Buyer: A Consortium? Figuring out who your client may happen to be seems straightforward, but in some cases, it can be ...

Tagged with: buyers bra two or one jointly severally ontario law

Home Inspector Decides to Practice Law and Real Estate

March 12, 2016 - Updated: May 30, 2016Buyers

Home Inspector Decides to Practice Law and Real Estate It’s not just real estate agents who make mistakes. It’s other prof ...

Tagged with: home inspector legal advice real estate advice insurance coverage ontario law

Who Orders the Status Certificate?

January 30, 2016 - Updated: January 30, 2016Buyers

Who Orders the Status Certificate? Question: Whose responsibility is it to obtain the Status Certificate? The Buyer’s ...

Tagged with: buyer lawyer agent status certificate condo condominium

The Valuation of Corner Lots

July 17, 2014 - Updated: July 17, 2014Buyers

Corner Lots: A Premium or a Discount? So, are corner lots good or bad? Well, it all depends. Originally, land was subdivided ...

Tagged with: corner lots discount premium gta

Real Estate Procrastinators (A Crisis in Due Diligence)

May 15, 2014 - Updated: May 15, 2014Buyers

Real Estate Procrastinators We all know the type: they look, look and look, but they never buy. For some strange reason, however, they ...

Tagged with: procrastinators due diligence entrpreneurs ontario

National Post Quotes Brian Madigan on Bidding Wars

March 28, 2014 - Updated: March 28, 2014Buyers

National Post Quotes Brian Madigan on “Bidding Wars” I thought that I should mention that Susan Smith wrote an excellent a ...

Tagged with: bidding wars strategy 21 steps toronto gta

Are You Looking for Real Estate Advice: Consider a Realtor

November 4, 2013 - Updated: November 4, 2013Buyers

Many prospective real estate purchasers are hesitant to obtain professional advice. They constantly seek to corroborate information that is prov ...

Tagged with: buyers real estate agency loyalty

The Last Six Weeks is a Great Time to Buy!

October 23, 2013 - Updated: October 23, 2013Buyers

One of the best times to buy real estate is the last six weeks of the year. Often, that will be: 1. November 1st to December 15th, in ...

Tagged with: buyers sellers market cycle toronto

Mick Jagger Knows the Residency Rules ~ So Should You!

April 11, 2013 - Updated: April 11, 2013Buyers

You have to be careful if you’re purchasing property from a non-resident. If you don’t, you may end up paying their income tax. ...

Tagged with: s.116 income tax act residency non-resident canada

Section 116 of the Income Tax Act explained

April 10, 2013 - Updated: April 11, 2013Buyers

Section 116 Income Tax Act Canada ~ Real Estate Sales by Non Residents In accordance with the provisions of Division D of the Income T ...

Tagged with: ita income tax s.116 non residents witholding tax

Should You Get Title Insurance or a New Survey?

April 9, 2013 - Updated: April 9, 2013Buyers

Actually, it shouldn’t be one or the other. It should be both. One of the problems is that title insurance was marketed as a che ...

Tagged with: survey title insurance advantages disadvantges comparison

Acknowledgement ~ OREA Form 127

April 5, 2013 - Updated: April 5, 2013Buyers

There is a recent new Form which has been published by OREA, (the Ontario Real Estate Association). It is Form 127, described as an: ...

Tagged with: informed consent document orea form 127 ontario law article

Brian Madigan LL.B. Broker

RE/MAX West Realty Inc. Brokerage

Independently owned and operated

96 Rexdale Blvd. , Toronto Ontario,

Phone: 416-745-2300

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