Tag: Agreement

Is an Offer to Lease a Binding Agreement?

Is an Offer to Lease the same as a Lease Agreement? Often, we receive questions from commercial clients asking if they can walk away from a lease when a formal lease agreement has yet to be signed. On the other...

By of Merovitz Potechin LLP on Monday July 25, 2022.

A homebuyer’s guide to home inspection reports

Congratulations! You have just purchased a property and it is conditional on inspection by a home inspector. What happens when you receive your home inspection report and there are one… two… ten… fifty things wrong with the property? What do you do? ...

By Noah Potechin of Merovitz Potechin LLP on Monday April 25, 2022.

Builder and Developer Series Part 1: The Land Deal

Whether you are a builder or developer looking to purchase vacant land, a tear-down, or a building slated for fit-up or renovation, one of your first steps is going to be making a land deal with the vendor (seller). While...

By Matthew Reardon of Merovitz Potechin LLP on Thursday August 12, 2021.

Agreement of Purchase and Sale: Put it in writing.

You have decided to purchase or sell your home. The next step is to enter into an agreement of purchase and sale. It is important that the agreement be set out in writing, as per the Statue of Frauds. The...

By Noah Potechin of Merovitz Potechin LLP on Monday February 8, 2021.

Selling Your Home by Private Sale in Ontario

Occasionally a purchaser and seller will enter into an agreement of purchase and sale directly with one another.  They may exclude all agents in an effort to avoid paying a commission.  However, there are risks associated with this type of...

By Noah Potechin of Merovitz Potechin LLP on Monday July 6, 2020.

Terminating a Commercial Lease in Ottawa

With many businesses closing down due to COVID-19, the physical distancing rules, or choosing to fully work from home, a common question we often hear relates to options surrounding a commercial lease. Many clients want to know if they are...

By Merovitz Potechin on Thursday June 18, 2020.