Legally Speaking CREA’s Standards of Business Practice Establishing REALTOR’s Duties #153

The extent to which the CREA Code of Ethics and Standards of Business Practice are factors in a judge’s decision involving the liability of licensees is illustrated by the following case…

Legally Speaking Salespersons’ Duty to Obtain Highest Price – Part 2 #75

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…

Legally Speaking Salespersons’ Duty to Obtain Highest Price #74

A short listing and a quick sale not only puts money in the bank and caviar on the toast, but it also avoids some of the problems for a licensee that can arise where property is on the market over a lengthy period of…

Legally Speaking Licensees’ Duty to Disclosure of All Facts to His Principal #1

The selling agent brought an offer to the listing agent for $85,000.00 on September 26, 1977, which was accepted by the vendors, subject to their obtaining a release of a prior offer by September 29th…