by MarkWeisleder | Mar 30, 2017 | Advice for Agents, Featured, Legal Issues
As a result of bidding wars for condominiums, buyers are being asked to review a condominium status certificate in advance in order to submit an offer without conditions. Here are some items I look at and questions I ask when reviewing a status certificate in advance...
by Natalka Falcomer | Mar 7, 2017 | Advice for Agents, Featured, Legal Issues
Most leases require a tenant to obtain insurance that is consistent with the lease terms before they can enter a premises. Despite this fundamental prerequisite to enter, most tenants fail to meet the lease’s insurance provision. This failure can cause delays in...
by Dennis Irwin | Feb 28, 2017 | Featured, Guest Columns, Legal Issues
Just because the pond looks inviting on a hot and humid day, don’t dive in, ignoring the warning signs, until you know what lies under the surface. The pond may have hidden dangers lurking right below the surface that you’re not aware of. Do not ignore the possible...
by MarkWeisleder | Feb 6, 2017 | Advice for Agents, Featured, Legal Issues
We have already witnessed the federal government targeting the real estate industry when it comes to money laundering and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) compliance. Large fines have been levied against brokerage firms that have...
by MarkWeisleder | Jan 17, 2017 | Advice for Agents, Columnists, Featured, Legal Issues
Time deadlines in real estate deals have never been more important than today. I experienced two deals just before the holidays that confirmed what happens or can happen when you miss a deadline. In the first case, the buyers signed a deal with a builder several years...
