by REM Editorial Team | Jul 5, 2013 | Advice for Agents, Legal Issues
By Don Lapowich The plaintiff builder agreed to buy a number of lots to build structures on. The defendant misrepresented that it had financial difficulty and said the plaintiff had to give up some lots or pay a higher price. This allegedly would allow the defendant...
by REM Editorial Team | May 28, 2013 | Advice for Agents, Legal Issues
A complaint was brought against a real estate broker under the rules of professional ethics in Quebec. The broker had signed an Agreement of Purchase and Sale to buy the property himself. There was a counter proposal that had been accepted by both the vendors and the...
by REM Editorial Team | Apr 30, 2013 | Advice for Agents, Legal Issues
In a recent court case, a paralegal and a real estate agent sued the previous owners of a home (which they believed they were entitled to purchase), as well as the new owners of the property and the lawyers facilitating the purchase. The paralegal and real estate...
by REM Editorial Team | Apr 2, 2013 | Advice for Agents, Legal Issues
An Ontario real estate agent found a home for a purchaser and drew up the offer conditional on a home inspection. The purchaser made it known to the agent and the home inspector that she was allergic to mould. The agent put in a term that the purchaser could abort the...
by REM Editorial Team | Feb 26, 2013 | Advice for Agents, Legal Issues
A Realtor listed the land of the owner. An offer was accepted at $2 million with a $5,000 deposit. The Listing Agreement provided for a commission of eight per cent of the sale price, on closing of the sale. The vendor refused to pay the balance of commission after...
by REM Editorial Team | Jan 22, 2013 | Advice for Agents, Legal Issues
Those who do not follow the rules of their condominium may face costly consequences. C purchased a unit that she rented out. She brought an application against the condo corporation to vacate a lien the corporation had placed on her unit for the costs of water damage....
