Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2010 

Annuals and Perennials ~ Fixtures or Chattels? Marie sold her house in the middle of February and it was scheduled to close at the end of June. Everything seemed fine but the purchasers came to visit the house a little too often to take measurements and she became somewhat annoyed. So, Marie dec...
09/30/2010
Terms Posted Rates Preferred  Rates 6 MONTHS 4.55% 3.95% 1 YEAR 3.50% 2.44% 2 YEARS 3.90% 2.84% 3 YEARS 4.45% 3.34% 4 YEARS 5.04% 3.69% 5 YEARS 5.39% 3.79% 7 YEARS 6.19% 4.85% 10 YEARS 6.50% 5.19% Rates are subject to change without notice. *OAC E&OE Variable rate mortgages from as low as Prime ...
09/29/2010
Flagstone Patio Stones ~ Fixtures or Chattels? This is not a whole lot different from the interlocking brick driveway. But, its purpose is somewhat different. It's not particularly useful. It's just a decorative part of the rear yard. The flagstones are not cemented or grouted together. They wer...
09/28/2010
Interlocking Brick Driveway ~ Fixture or Chattel Many agents seem to believe that fixtures must be nailed, screwed or glued to the property. If not, then that's the definition of a chattel. So, when it comes to a cement slab under the outside air-conditioning unit, well, if it's not really naile...
09/27/2010
Kitchen Centre Island ~ A Fixture or a Chattel? Here's what happened. There was a little bit of animosity between the vendor and the purchaser when it came time to close the deal. So, the vendor decided to take whatever he could legally take with him. Now, he remembers that one day when he was p...
09/26/2010
Air Conditioner Winter Protective Cover ~ Chattel or Fixture? The negotiations between the vendor and purchaser were problematic. The vendor feels that the purchaser got just too good a deal and was not really dealing in "good faith". So, when it came to closing, the vendor decided to take just ...
09/26/2010
Air-Conditioning Cement Slab a Fixture or a Chattel? The negotiations between the vendor and purchaser were problematic. The vendor feels that the purchaser got just too good a deal and was not really dealing in "good faith". So, when it came to closing, the vendor decided to take just about eve...
09/26/2010
Built-In Wall Unit ~ Fixture or Chattel?So, here's another question! What about a built-in wood cabinet wall unit? Actually, it's the bookcase on either side of the fireplace. It's made out of the exact same materials as the fireplace. It's a perfect match.It was built in by a master carpenter. H...
09/26/2010
Heat Floor Plates (registers) ~ Fixture or Chattel? What about the floor plates in each room? Sometimes they are called vent covers. Are they part of the house? They are not nailed, screwed or glued to the floor. They just sit over the heating vents, supported by their own weight over hardwood, ...
09/25/2010
99% will reply that keys are a part of the house. In fact, they are part of the locking system for a house. There are two parts: 1) the lock which is affixed permanently to the door, and 2) the key which provides access to the house by "unlocking" the lock. So far, so good. No one seems to find i...
09/24/2010
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Brian Madigan

LL.B., Broker
local_phone(416) 745-2300
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