You are here: Home > duties
Tag Archives: duties

Mississauga Inquiry Decides that Common Law Fiduciary Duties Apply

by on October 4, 2011

  Agency Duties at Common Law (Mississauga Inquiry) Ontario Real Estate Source By Brian Madigan LL.B. You might wonder what ploiticians and realo estate agents have in common. Well, they both have to follow the common law fiduciary duties. The Mississauga Judicial Inquiry into the conduct of the Mayor Hazel McCallion released its report on [...]

Read full story • Comments { 0 }

Code of Ethics Obligations of “Mere Posters”

by on December 19, 2010

Regulatory Obligations of “Mere Posters” By Brian Madigan LL.B. (Ontario Real Estate Source) The Real Estate and Business Brokers Act, 2002 sets out some legal obligations related to trading in real estate. They apply to all “registrants”. So, unless you happen to be exempt from registration under the Act, then they will apply to you. [...]

Read full story • Comments { 0 }

“Mere Poster’s” Obligation to Verify Facts

by on December 13, 2010

Verification of Facts and Accuracy for “Mere Postings” By Brian Madigan LL.B. (Ontario Real Estate Source) Following the Consent Agreement between the Canadian Real Estate Association (CREA) and the Commissioner of Competition filed with the Competition Tribunal on October 25 2010 the Real Estate Council of Ontario (RECO) answered some key question about the Real [...]

Read full story • Comments { 0 }

Lawyer’s Role in Real Estate Purchase

by on October 19, 2009

What Does the Lawyer Do in a Real Estate Deal? (purchase) By Brian Madigan LL.B. You might wonder what a lawyer is supposed to do in a real estate deal? According to the standards of practice, when undertaking the representation of a client in the purchase of a residential property, a solicitor must always: 1) [...]

Read full story • Comments { 0 }