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Oliver Reprich

Oliver Reprich Muskoka REALTOR

Legal

Homebuying tips for unmarried couples

Homebuying tips for unmarried couples

A growing number of Canadians who are choosing to buy property without tying the knot.The number of common-law couples in Canada rose 13.9 percent between 2006 and 2011, according ...more




Court of Appeal Clears Way for Mortgagees to Set Aside Sham Tenancies

Court of Appeal Clears Way for Mortgagees to Set Aside Sham Tenancies

The Ontario Court of Appeal has ruled that a provision of the Mortgages Act(“MA”) which allows lenders to set aside tenancy agreements for the purpose ...more




Divorce and Property

Divorce and Property

As real estate agent here in Bracebridge, I understand the importance of a home. More than simply a shelter, a home represents a significant investment of time and money, ...more




How long is a Chain?

How long is a Chain?

In 1620, the clergyman Edmund Gunter developed a method of surveying land accurately with low technology equipment, using what became known as Gunter's chain; this was ...more




Real Estate Terminology

Real Estate Terminology

Absentee owner An owner who does not personally manage or reside at property owned. Adverse Possession A method of acquiring title to real property through the continued ...more




Condition Precedent vs. Condition Subsequent

Condition Precedent vs. Condition Subsequent

Over the years, the courts have firmly established that, unless specified otherwise in the agreement, a condition precedent can be used by either party to the transaction ...more




Remedies available for breach of contract

Remedies available for breach of contract

Five remedies are available in relation to a breach of contract involving real property. Rescission Rescission involves the revocation or cancelation of a contract and ...more




Consideration in an Agreement

Consideration in an Agreement

One of the other important elements of contract law, is the requirement of consideration. A definition of "consideration" which is: ".. some right, interest, ...more




Land Sale Agreement Explained

Land Sale Agreement Explained

The below clauses where drawn up by some attorney on behalf of the Ontario Real Estate Association and is meant to be fair and un-ambiguous to all parties, but this also sometimes ...more




Elements needed to make the contract enforceable.

Elements needed to make the contract enforceable.

Certain elements must be present to make an agreement to purchase property enforceable. The parties entering into a contract must be legally competent to contract (capacity ...more




Guarantor vs Indemnitor

Guarantor vs Indemnitor

For a landlord it is always better to have a third party indemnity rather than a guarantee. If a tenant defaults, the indemnitor is primarily liable, whereas under a guarantee, ...more




Caveat Emptor - Buyer Beware

Caveat Emptor - Buyer Beware

Under the principle of caveat emptor, the buyer could not recover damages from the seller for defects on the property that rendered the property unfit for ordinary purposes. ...more




Be careful of the words you say

Be careful of the words you say

In the below summary of a small claims court case it becomes evident that one needs to take cognisance of what words one uses, as the wrong words, information and or description ...more





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