My friend, Brian Madigan LL.B., Mississauga Realtor and fellow Active Rain Blogger recently posted a series of blogs on a very often misunderstood statement often procured at the time of listing a property and called for during a Real Estate negotiation in the Province of Ontario.
He posted this ten part series on the Sellers Property Information Statement (SPIS), the most thorough I have ever seen, and per a recent conversation, allowed me to copy it for the benefit of my audience. Rather than copying it in its entirety, I have decided to include links to his blogs, so that my audience can avail themselves of this thorough analysis of the Sellers Property Information Statement, while giving Brian credit for his work. Thank You Brian.
Part One - SPIS Overview
Part Two - Residential Clauses 1 to 7
Part Three - Residential Clauses 8 to 14
Part Four - Residential Clauses 15 to 22
Part Five - Environmental
Part Six - Improvements and Structural Part One
Part Seven - Improvements and Structural Part Two
Part Eight - Additional Notes
Review Weinman and Brinkman
Review Royt and Goldenberg
Once again, Thank You Brian for allowing me to share this valuable information with my audience.
Chris Smith CSSBB
Chay Realty Inc., Brokerage