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Brian Madigan LL.B., Broker
BRMadigan@Rogers.com

RE/MAX West Realty Inc.,
Brokerage
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: Selling a Business

The Business Broker in Ontario

October 18, 2016 - Updated: October 18, 2016Selling a Business

The Business Broker and the Real Estate and Business Brokers Act, Ontario A business broker is regulated in Ontario under the same ...

Tagged with: business broker agency rebba ontario law

Restaurants and the Three Mice Theory

June 21, 2016 - Updated: June 21, 2016Selling a Business

Restaurants and the Three Mice Theory You might wonder what this is about. If the second mouse gets the cheese, what’s left for ...

Tagged with: restaurants business sales valuation costs depreciating assets

Opportunities in Retirement Homes as a Business

July 21, 2014 - Updated: July 21, 2014Selling a Business

Did you ever consider a retirement home as a business opportunity? Did you know that it is one of the fastest growing sectors in the m ...

Tagged with: retirement homes business opportunity ontario homes for aged nursing homes

Investing in Retirement Homes as a Business

April 9, 2014 - Updated: April 10, 2014Selling a Business

Did you ever consider a retirement home as a business opportunity? Did you know that it is one of the fastest growing sectors in the m ...

Tagged with: retirement homes business opportunity ontario

Understanding the Sale of Business Agreement (OREA Form 502)

September 10, 2013 - Updated: September 10, 2013Selling a Business

Sale of Business Agreement Explained We will have a look at the standard form Agreement for the sale of a business in leased premises ...

Tagged with: sale of business form detailed review orea form 502 ontario law

Sale of Business Affidavit (OREA Form 503)

September 8, 2013 - Updated: September 8, 2013Selling a Business

Documenting Due Diligence In order to complete the paperwork associated with the sale of a business, the Ontario Real Estate Associati ...

Tagged with: sale of business affidavit waiver form 503 orea

Due Diligence under the Bulk Sales Act

September 7, 2013 - Updated: September 7, 2013Selling a Business

Identifying the Material Facts (Bulk Sales Act) The real estate practitioner should be aware that in order to close the deal, the sell ...

Tagged with: material facts sale of business bulk sales act ontario law

Real Estate Agents and the Bulk Sales Act

September 7, 2013 - Updated: September 7, 2013Selling a Business

A real estate agent who is handling the listing and sale of s a business needs to be familiar with the provisions and application of the Bulk Sa ...

Tagged with: bulk sales act role of real estate agent rebba ontario law

Statutory Duty to Produce List of Assets (Business Sale)

September 4, 2013 - Updated: September 4, 2013Selling a Business

Statutory Obligation to Produce List of Assets (Business Sale) There is an obligation imposed upon the seller’s agent to produce ...

Tagged with: list of assets business sale included excluded rebba ontario law

The Statutory Obligation to Disclose Liabilities (Business Sale)

September 4, 2013 - Updated: September 4, 2013Selling a Business

Under Regulation 567/05 pursuant to the Real Estate and Business Brokers Act, 2002, there is an obligation to produce the financial statements ( ...

Tagged with: duties obligations disclosure liabilities ontario law

Lands Disposed of, or Conveyed away (Business Sale)

September 3, 2013 - Updated: September 3, 2013Selling a Business

In accordance with the requirements of Regulation 567/05, it is the seller’s agent’s responsibility to disclose, not only the occupa ...

Tagged with: business sale sub-let lease part of business premises statutory duty sellers agent ontario law

Statutory Duty to Disclose Occupancy Documents

September 2, 2013 - Updated: September 2, 2013Selling a Business

Occupancy Documents ~ Business Sale In the sale of a business, one of the first requirements is the matter of occupancy. Where is the ...

Tagged with: occupancy documents deed transfer lease occupancy licence business sale rebba ontario law

Required Documents under REBBA (Sale of Business)

August 29, 2013 - Updated: August 29, 2013Selling a Business

Question: What documents must be delivered to a purchaser, by the vendor’s agent in accordance with the Real Estate and Business ...

Tagged with: required docuements statements disclosure sale of business ontario law

Business Financial Statements REBBA, 2002 (A list and B list)

August 28, 2013 - Updated: August 28, 2013Selling a Business

If we are speaking about the legal obligations of an agent concerning the sale of a business, then we need look no further than Regulation 567/0 ...

Tagged with: sale of business mandatory lists rebba ontario law business sale

Duties of Agent (Business Broker) under REBBA, 2002 (Sale of Business)

August 28, 2013 - Updated: August 28, 2013Selling a Business

Duties of Agent (Business Broker) under REBBA, 2002 (Sale of Business) At the outset, it should be noted that real estate agents in On ...

Tagged with: sale of business duty of business broker rebba 2002 ontario law

Duties of Agent under Legislation (Sale of Business)

August 27, 2013 - Updated: August 27, 2013Selling a Business

At the outset, it should be noted that real estate agents in Ontario are authorized to act for vendors and purchasers in the sale of businesses. ...

Tagged with: business sale real esatte agenbt

Real Estate Exemption from Bulk Sales Act

August 26, 2013Selling a Business

Question: I thought that real estate was exempt from the provisions of the Bulk Sales Act? Answer: Well, that is true to some extent. ...

Tagged with: business for sale bulk sales act ontario law exemption no notice purchaser for value

Compliance with the Bulk Sales Act

August 26, 2013 - Updated: August 26, 2013Selling a Business

In Ontario, unsecured creditors of a vendor of a business are protected by the Bulk Sales Act. The Act is designed to protect trade cr ...

Tagged with: bulk sales act compliance requirements creditors ontario law

Bulk Sales Act: Non-Compliance (Ontario)

August 25, 2013 - Updated: August 25, 2013Selling a Business

You might wonder about the application of the Bulk Sales Act in Ontario. What is the purpose of the legislation? Who is it designed to ...

Tagged with: business sale bulk sales act law application ontario

Role of a Business Broker in Ontario

March 21, 2013 - Updated: March 21, 2013Selling a Business

A business broker is regulated in Ontario under the same legislation that applies to real estate agents, namely the Real Estate and Business Bro ...

Tagged with: busines sale broker rebba duties obligations ontario law

Financial Records Are Necessary if You Want to Sell

February 15, 2013 - Updated: March 1, 2013Selling a Business

Maintain Accurate Financial Records If you are in business you should keep good financial records. It just makes sense, but so many sma ...

Tagged with: financial records maintain accurate reliable good books 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

BRMadigan@Rogers.com

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