Legal Issues: Make sure your deals close

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We have seen what happens when deals do not close. Buyers and sellers sue each other and the only winners are the lawyers. Here are five tips to remember to make sure your deals close on time.

Does a recent B.C. Supreme Court decision change disclosure requirements?

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We now have the case of Wang v Shao, out of the B.C. Supreme Court, released on March 9, 2018. Has this case changed my opinion or the law in Canada?

Getting your commission when signing electronically

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Everyone thought that electronic signatures would make it easier to prove a claim for commission. A recent case will make you want to ensure you are not caught on the wrong side of things. 

Patent vs latent defects: What must be disclosed?

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Real estate lawyer Mark Weisleder outlines the difference between patent and latent defects, and what needs to be disclosed by the seller when selling a property.

Changes to Ontario’s Residential Tenancies Act

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In this video, Toronto real estate lawyer Mark Weisleder outlines changes in Ontario’s Residential Tenancies Act, including expanded rent controls and more.

Keeping deals alive in tougher times

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Almost every day I receive calls from buyers who are having a tough time closing their real estate deals. Here are some things to remember as you try to save the deal.

What to do when a real estate deal goes wrong

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It goes without saying that when problems arise, it is easy for buyers or sellers to try to blame the salespeople for what has happened. Here are five key things to keep in mind when things go wrong in a real estate deal.

Your buyer can’t sell their existing home. Now what?

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If the buyer cannot close, they will likely forfeit their deposit and be subject to a lawsuit from the seller, for the difference in the sale price if the seller now sells the property for a lower price than the buyer agreed to pay.

Ontario’s non-resident speculation tax: What you need to know

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Ontario recently announced the 15 per cent Non-Resident Speculation Tax and there are already more questions than answers. In this short video, lawyer Mark Weisleder tells you what you need to know about the new tax.

Bidding war buyer’s remorse

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A major issue arising in bidding wars is when a buyer regrets their purchase decision almost immediately afterwards. Here are five lessons to learn about the consequences of a buyer's remorse in these situations.