Survey says

Someone asked me an interesting question the other day: what happens if there is a mistake in the survey and I don’t find out until after closing? 20 years ago, when you bought property in Ontario, your lawyer would have done a full certification of title. There would have been a dozen searches and probably… Continue reading Survey says

Subject to lawyer’s approval

Mark Weisleder wrote this article for Moneyville a while back on several recent issues with the “subject to lawyer’s approval” clause found in many real estate deals. He discussed two cases in particular, one where the deal was successfully cancelled because of a lawyer review and one where the sellers were found to have acted… Continue reading Subject to lawyer’s approval

Ooops!

The Red Pin posted a link to this amusing little story a while ago. Well, it was amusing to me – I’m sure it wasn’t amusing to the seller. In a nutshell, over a series of emails Kelty Druet agreed to sell her condo to Marc Girouard for $155,000. Four hours later, she changed her… Continue reading Ooops!