A recent case confirms that when listing a commercial property, a licensee should break down the rentable area of each floor. The property was a building in Kamloops…
Posts tagged with “Commercial Property”
In a real estate deal, a client depends on the licensee to accurately relay information between the parties. This is especially critical where the licensee is a limited dual agent. . .
In one case, the conditional clause in a Contract of Purchase and Sale required the buyer to satisfy himself as to the tax implications of Canadian/USA/international law upon his purchase of Canadian property…
An agent who is given a listing of real property by a receiver/manager licensed under the Bankruptcy and Insolvency Act can confidently expect to be paid if a buyer contracts during the term of the listing to purchase…
It’s remarkable how often those who draft contracts, including leases and contracts of purchase, and those parties who sign them, find that a term of the contract that seemed perfectly clear…
Any well drawn commercial lease containing an option to renew at a rent to be agreed upon during the renewal term either provides a formula by which the rent can be calculated, or provides that the rent will be fixed…
A real estate agency with more than 40 licensees leased ground level offices in a small shopping centre containing retail and office space as well as two restaurants, one of which is a McDonalds…
You have listed for sale a house, to be described in the ad as a handyman’s special, which is located on a heavily-trafficked road in the middle of two blocks of mixed residential tenancy and low profit non-conforming…
The recently reported record increase in the cost of living reinforces everyone’s concern as to the method by which they can protect themselves against the decreasing value of the dollar…