Ensuring you’re well prepared upfront with the proper documentation, the best information and best practices, REALTORS® can help prevent client remorse.
Posts tagged with “Fair Market Value”
Legally Speaking
Prevent Client Remorse in a Fluctuating Real Estate Market #552
Legally Speaking
Avoid Costly Mistakes Concerning the Foreign Buyers’ Tax #549
A recent BC Supreme Court decision highlights the potential risks for REALTORS® working with buyers whose residency or citizenship status is unknown or has recently changed.
Legally Speaking
Partition of Property Act – When Friendship Turns to Enmity #395
Two couples who were close friends jointly purchased a Gulf Islands cottage, each taking a one-half interest in the property…
Legally Speaking
Listing Licensees Duties to Provide True Market Value; The Cancellation of a Listing Cancels the Holdover Clause #279
The extent of a licensee’s duty to provide market value for property a licensee knows he will list for sale, was discussed in a case where a lakefront lot, which was listed for sale at $35,000, was purchased…
Legally Speaking
Contract with Unincorporated Company a Nullity; Unlicensed Person Posing as Licensed; Residential Assessment – Market Value Included Not GST; Cheque Yore Spilling #265
Two decisions illustrate the risk of not using the full name of a company purchasing property, or the failure of a company to be incorporated at the date it received the benefit of an assignment of a contract…
Legally Speaking
Faxed Transmission – Signed and in Writing; Trespass to Land – Trees #124
Is a contract created by Fax Transmissions a contract in writing signed by the persons transmitting the offer or acceptance? Having been long accustomed to telegram…
Legally Speaking
Bank Foreclosure – Customer Rights; CMHC Guarantee – Negligence #114
Financial institutions often demonstrate a casual if not contemptuous disregard for requests for pay-out statements or delivery of an executed discharge of a mortgage…
