Jan 6, 2020 | Real Estate
Generally, a purchaser will be unable negotiate a hold back for a portion of the purchase price on the closing date. For example, suppose that you, as purchaser, are taking possession of your new house today and you find that the dishwasher does not work, the front...
Dec 13, 2019 | Real Estate
There is no substitute for actually spending the time to review your contemplated house purchase prior to entering into a Purchase Agreement. Many purchasers will not look beyond the well maintained lawn, the flowers and the paint colour to consider the other...Nov 6, 2019 | Estate Planning
In a previous post we discussed the role of the Executor/Executrix of a will. Someone asked a question pertaining to debts of the estate and whether those responsibilities fall to the executor. Does the Executor become liable for the debts incurred, even if debts...
Oct 7, 2019 | Estate Planning
Transferring land by way of a Power of Attorney should be done by all parties together to prevent disaster. Perhaps I have overstated my concern a touch but here’s a scenario that happened at our office. I once had a client who wanted to purchase a house from a...
Jul 8, 2019 | Estate Planning
When someone passes away, the beneficiaries look to the deceased’s Will for how the estate will be handled. Often a testator (the person who died) will appoint a son or daughter to be the Executor/Executrix of the estate. The Executor/Executrix has the...
Jun 25, 2019 | Real Estate
Here’s some helpful information when buying or selling a home. When it comes to chattels the Seller has an obligation, clearly stated in the standard Real Estate Purchase Contract, to deliver the chattels listed near the top of the first page of the Contract in...
Jun 16, 2019 | Real Estate
You’ve sold your home. You’re moving. What can you take with you? Normally, you can take everything not attached to the home, excluding the items listed in the contract as “attached goods”. You can include and exclude any number of items so long as you’ve placed...
Apr 19, 2018 | Real Estate
A Home Inspector can often play a valuable role in your home purchase decision. Not only are inspectors trained to recognize the telltale signs of a problem but they may be a valuable asset for any claim you might end up having with the Vendor of your new home. In one...
Apr 10, 2018 | Real Estate
For several years I have been imploring my clients who are purchasing new or used real estate to change the locks. Recently, I had a police officer client who thanked me for my advice. It seems that many times, when the Purchaser does not change those locks, there is...