ARCHIVED BLOG POSTS
2020
Commercial Bond Yields CMB 5 Year - 1.51%* CANHOU 06/15/25 [+0.01] 10 Year - 1.62%* CANHOU 06/15/30 [+0.02] * denotes interpolated rate GoC 5 Year - 1.11% CAN 1.25 03/01/25 [-0.05] 10 Year - 1.13% CAN 2.25 06/01/29 [-0.03] 15 Year - 1.25%* CAN 06/01/35 [-0.02] 20 Year - 1.31* C...
02/28/2020
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The Failed Deposit (Not Paid) - RemediesWhat happens if the deposit is not paid?The Listing Agent inquired:"My clients have decided not to deliver the deposit cheque because the house is suddenly in an inconvenient part of town for them.". (Buyer’s agent).There is a clause conditional upon Finan...
02/18/2020
Solicitor’s Approval ClauseAt a recent Course on Writing clauses, we talked about setting up the Solicitor’s Review and Approval Clause as a Condition Subsequent rather than a Condition Precedent.This was not one of the 25 clauses under review.Here’s what a Condition Subsequent looks like for a ...
02/17/2020
Commercial Bond Yields CMB 5 Year - 1.68%* CANHOU 06/15/25 [-0.03] 10 Year - 1.73%* CANHOU 06/15/30 [-0.04] * denotes interpolated rate GoC 5 Year - 1.35% CAN 1.25 03/01/25 [-0.03] 10 Year - 1.34% CAN 2.25 06/01/29 [-0.04] 15 Year - 1.43%* CAN 06/01/35 [-0.05] 20 Year - 1.46%* ...
02/07/2020
Toronto and GTA Markets in January 2020 This is the recently released report of the Toronto Real Estate Board concerning the January 2020 results:TORONTO, February 6, 2020 - TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s ML...
02/07/2020
Derogatory Comments about LawyersQuestion:Is it a RECO violation for an Agent to make written derogatory comments against a client’s lawyer? Or is it just you can’t make derogatory comments against a fellow Agent?Answer:It’s not a violation under the Code of Ethics which simply deals with unprofe...
02/07/2020
Rainmaker
1,600,121
1,600,121
Brian Madigan
LL.B., Broker
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