Great video - you didn't touch on the time stamp thought. In your example, your condition expired at 9pm - Does both the buyer's time stamp AND the acknowledgement have to be before 9pm or does just the buyer's time stamp have to be before 9pm? Thanks in advance
Great question. I'm not a lawyer, so verify this one with yours (and I'll do the same if I remember to do so in the morning), but my understanding is that the Notice of Fulfillment needs to be be conveyed and received by the recipient (in my example, the Buyer needs to send to the Seller) by the irrevocable deadline, but the acknowledgement might be stamped after the conditional deadline has passed. The reason that this can happen is because the document is considered "received" by the Seller as soon as the document is conveyed over an official channel, such as the listing agent's email or via the fax machine to their office. As long as that conveyance happens prior to the conditional deadline, the Notice of Fulfillment is valid.
That's true sometimes. In many (I would even say most) cases, Realtors write conditions so that they expire on the same day, and they are fulfilled at the same time once the Buyer has done all of their due diligence. It's perfectly legal to fulfill multiple conditions using a single form. Occasionally, a one or more conditions may need to be fulfilled at different deadlines. For example, a Buyer's financing condition is due within one week of an offer, but the review of status certificate on a condo purchase might be two weeks. In that case, it's important to be aware of, and meet the different deadlines.
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Hey Chris, It’ll depend upon the specific wording of your agreement. Did the area in the form specify only the property that you offered on, or something more broad like the whole city?
The most grook in the market is real estate why the prices is so high what the cost of house not even 20persent of the prices they sale 1 house 300000 dollars enouph for house is very good price for 3 betroom house not milion ok grooks
There's definitely a cost-of-living crisis happening in Ontario - we agree! There's too much demand and not enough housing supply. A Realtor can help you compare the cost of a home with its true value, and a good one will show how that price was decided.
great nachos. i just wished ottawa didn't have the same ol menu of previous restaurants. nacho's, taco's,enchiladas. chalupas,birria, burritos and so forth. i'd love a restaurant that would have other things besides the cliched menu items. the place is good though.
We feel you! There's more and more options out there we're finding... one I love also is Ahora Mexican Cuisine Downtown. A little bit different, but there's also 222 Lyon -- the Tapas bar!
Hi Atia, We haven’t shot a video for Chapel Hill South yet but we’re planning to when the weather is nice again. Would you like some information on that neighborhood?
Hello, thanks for your videos. Can i ask you a question....Soon I´ll be there as a tourit, which one wold be the best and chepest option to rent a room....I´m a 50 year old man, alone, I want to save money, and not going to a hotel, I´ll be very thankful if you can give me your advide.
As a tourist, your best bet for inexpensive accommodations would be couch-surfing (there's a few sites, including Airbnb that offer this as an option) or a hostel, such as the old jail downtown. It's well-located and an interesting location for a hostel!
jvolstad, you can, but make sure that you’re doing your homework when choosing who to work with. One of the things that I mention in the video is to get a referral from someone whose opinion you respect and trust. Realtors, like most commissioned salespeople, value repeat and referral clients and will go out of their way to give an especially high level of service to someone who has been referred to them.
