All Posts in Tag: Legal Corner

Legal Corner: Different ways agents will try to sell your home

When you choose a real estate agent, it should not be about the price they will charge. It should be about how they will market your home, to attract the largest number of potential buyers. This can range from TV or radio programs that advertise your home or finding buyers in other unique ways.

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Legal Corner: Should your home’s selling price be public?

If you’re in the market for a house and know what other houses in the area are selling for, would that help you to make an offer? This question is at the heart of the lengthy proceedings between the Competition Bureau and the Toronto Real Estate Board (TREB).

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Legal Corner: Every real estate title tells a story

When Bill Verutis bought his home on Thompson Road East in Waterford, Ontario a few years ago, he received a unique gift from his real estate agent, Penny Plunkett. It was a history of the property going back to the original deed granted on behalf of King George III in 1802 to the first owner Paul Averill.

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Legal Corner: How to avoid the tenant from hell

Most residential tenants are long term tenants who pay their rent on time and properly look after a landlord’s property. The trick is to do the proper research in advance so that you do not end up with the tenant from hell.

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Legal Corner: Be prepared when you go to small claims court

Buyers will typically sue sellers in Small Claims Court over problems that arise after closing when the amount in dispute is $25,000 or less. The main reason is that you can make the claim without a lawyer and the costs are relatively cheap. However, you are much better off using a lawyer or paralegal to represent you.

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Legal Corner: One man’s $50,000 real estate commission lesson

When you sign an agreement with a real estate brokerage to sell your home, you are responsible to pay commission if you make a deal with someone who was introduced to your home during the listing period. If you try and make a private deal to avoid paying commission, you are likely to get burned….

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