by James R.G. Cook | Dec 14, 2020 | Featured, Legal Issues
A misrepresentation by the seller and real estate agent as to the square footage of a residential property in Stouffville, Ont. resulted in the rescission of the Agreement of Purchase and Sale (APS) and the return of the $50,000 deposit. (Issa v. Wilson, 2020 ONCA 756...
by Sohini Bhattacharya | Sep 8, 2020 | Featured, Profiles
In 2018, British Columbia passed legislation to restrict dual agency – a practice that allows a single agent to represent both the buyer and seller in a real estate transaction, or two agents from one brokerage to represent the buyer and seller. In Ontario, it’s still...
by Joseph Richer | Jul 28, 2020 | Columnists, Featured
The past few months have highlighted a serious issue that is endemic, and which requires urgent attention. It is tragic that this awareness has come at the high price of lives lost, great sorrow and anger. The Real Estate Council of Ontario (RECO) believes in a fair...
by Paul Cowhig | Sep 24, 2019 | Columnists, Featured
Recently my brother Michael (pictured above) invited me to a Rotary luncheon where Jody Wilson-Raybould, MP for the riding of Vancouver Granville, was the guest speaker. The topic was “Ethics in Politics.” How could I resist? As it happened, I shared a table with the...
by Joseph Richer | Sep 20, 2019 | Featured, Guest Columns
Whenever I speak to real estate boards and brokers of record, I like to remind them that consumer protection is a shared responsibility between the provincial real estate regulator and the profession. In Canada’s largest province, the Real Estate Council of Ontario...