ARCHIVED BLOG POSTS
2018
Commercial Bond Yields CMB 5 Year - 2.64%* CANHOU 12/15/23 [-] 10 Year - 2.84% CANHOU 12/15/28 [-] * denotes interpolated rate GoC 5 Year - 2.33% CAN 2.00 09/01/23 [-] 10 Year - 2.44% CAN 2.0 06/01/28 [-] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.85%...
09/21/2018
Tenant Builds upon Land: Any Rights? (Ontario)Question:The Owner of a property purchases the 80 acres of raw land in 1987, and the leases out the land. A company rents it and upon expiration of the lease (lease in place from 1990-1997) a verbal agreement has the Tenant remain and pay the municipa...
09/21/2018
Real Estate Agent may Show Leased Premises (Ontario)There are some rules when it comes to showing properties “for sale” which are occupied by TenantsYou might wish to review Section 27 of the Residential Tenancies Act:Entry with notices. 27Same(2) A landlord or, with the written authorization of ...
09/21/2018
HIGH RATIO fixed term best discounted rates & posted rates as of September 19, 2018 Terms Posted Rates Preferred Rates 6 mos 3.14% 3.10%1 year 3.04% 2.99%2 ...
09/19/2018
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.49% Fixed 5 Year 5.14% 3.34% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.74% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...
09/18/2018
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.54% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.74% Variable 2.65% Prime 3.70% Benchmark 5.34%
09/17/2018
The 15 Rules for Chattels and FixturesIs it a chattel or a fixture? For both real estate agents and lawyers, this is often a puzzling question. There are some basic rules, that is, legal tests that Courts will apply to figure this out.Let me give you two statements from real estate vernacular whi...
09/16/2018
Continued Occupancy of a Property Clause (Ontario) From time to time, it’s necessary to permit the Seller to continue to stay in occupation of the property immediately following closing.Consider dealing with the following issues:“The parties agree that notwithstanding the completion of this trans...
09/13/2018
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.49% Fixed 5 Year 5.14% 3.34% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.74% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...
09/12/2018
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Mutual Releases – The Practice in OntarioQuestion:Why do we insist on a Mutual Release when a deposit was never paid? The Agreement of Purchase and Sale already says it becomes "null and void" if a condition is not met on time. The Mutual Release is for the return of funds in a trust account, cor...
09/09/2018
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