by Chris Chopik | Dec 8, 2023 | Advice for Agents
On September 24, 2022, as Hurricane Fiona barrelled toward the east coast of Canada, the full cost of damage to homes and properties up and down the Atlantic coast could not have been anticipated. In the end, the actual losses exceed the insurable losses which are...
by Chris Della Mora | Sep 22, 2021 | Columnists
Move over wildfires; water damage is Canada’s most widespread – and perhaps most costly – natural disaster year over year. And yet the majority of Canadians are not prepared. Although nearly 100 per cent of surveyed Canadians understand that it is their responsibility...
by Shaneka Shaw Taylor | Aug 25, 2020 | Legal Issues
What obligations do sellers and buyers have in a real estate transaction when the property has been accidentally damaged – such as by a fire – prior to closing? The Superior Court of Justice addressed this complicated issue in Pordell v. Crowther. The seller, Paul...
by Chris Chopik | Feb 20, 2015 | Advice for Agents
Real estate professionals understand insurance risks related to fire, such as knob and tube wiring and insulbrick siding. In the coming years our industry will be dealing with flood and sewage backup risk and insurability as a course of business. You don’t have...
