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Legal issues: Backing out of a settlement

Legal issues: Backing out of a settlement

The plaintiff in an Ontario action asked for a declaration that he was the registered owner of a parcel of land next to the defendants’ property. The plaintiff then made a formal offer to settle, indicating he would give up a significant portion of his property that...
Beware the gross revenue report clause

Beware the gross revenue report clause

I’ve had the opportunity to meet with numerous agents and lawyers who specialize in commercial leasing and they’ve all said the same thing: it’s a tedious, difficult and boring job to read a full lease, but it’s necessary. Why? There’s always a risk that something’s...
Avoiding lawsuits in lease deals

Avoiding lawsuits in lease deals

Lawyers are great assets for any real estate agent or realty team. They’ll help you craft a legally acceptable arrangement, but they have their limits. They won’t help you create a good business deal because that’s your job.  If you don’t do your job your client will...