Whether you are taking out buyers and opening and closing lock boxes, or measuring your listings using the RMS standard, here is everything you need to know to ensure you are doing right! A big thank you to Paula and Gemma from CREB for joining us today.
Guest Ryan MacKay from MacKay Real Property Law joins Kirsten Faverin and Lindsey Smith to talk about foreclosures
Farrah Kohorst from Kahane Law discusses the implications family law may have on your real estate transaction and what you can do to help the deal run smoothly. We look at both representing sellers and buyers when it comes to working with clients who may be separating.
RECA considers May 18, 2016 as the start date that all listings must be measured using the new Residential Measurement Standards (RMS). CREB has maintained their measurement guidelines for MLS® listings and has stated that all listings must be measured by the CREB guidelines for the Total Area in Matrix. In order to comply with the RMS rules, you must disclose in the Public Remarks what the measurements are based on RECA’s criteria (RMS =___ft2). This means you...
How do you know if Dower Rights apply? If there is one person on title, if that person is legally married, and if either of the two people have lived in the property since they were married, dower rights apply! What does that mean for sellers? The spouse needs to sign off of the property before it is sold. Learn more from real estate lawyer and CIR REALTY’s Partner Jeff Kahane at Kahane Law Office. Copywrite, CIR REALTY 2016 –...
A bareland condo is a property where only the land is condominiumized not the building that sits on the land. Therefore, when you are selling a bareland condo, you must be sure that the vendor has a copy of the RPR for the structure that is on the land. Also, the buyer will need to have fire insurance when the transaction closes. But how do you know if a condo is a bareland condo? You cam call the condo association or the...
CIR Partner Jeff Kahane has seen it all and is here to tell us about the scary clauses that he has seen come across his table. Sometimes getting creative can turn out to be “accidentally fodulent”. We are talking things like addendum cash backs (aka mortgage fraud), perceptions of the the 24 hour walkthrough, unclear contracts and much more. Copywrite, CIR REALTY 2016 – All Rights Reserved
