| The ever changing market in Mississauga Real Estate, | | | | successfully secured a reduction in the purchase price |
| Toronto Real Estate has led to the realization that you | | | | because the seller did not own the parking spot and |
| will need the services of an experienced real estate | | | | therefore could not sell it with the unit or deliver title to |
| agent if you want or need to sell your Mississauga | | | | it. |
| Condominium, Toronto Condominium or your Oakville | | | | Inexperienced Agent |
| Ontario Condominium. | | | | The agent handling this sale assumed the parking spot |
| Ugly and Costly | | | | was owned because the seller told him so. He is |
| A recent condominium sale in the Greater Toronto | | | | obligated to verify this with the Condominium |
| Area turned ugly and costly for the seller on closing | | | | Corporation but failed to do so. This agent advertises |
| day. | | | | 15 years experience. He has in fact had his real estate |
| This condominium was sold with a parking spot that | | | | license for 15 years but warehoused it for over 10 |
| was stipulated in the Agreement of Purchase and | | | | years while he was involved in some other unrelated |
| Sale as owned by the seller. As it turned out the | | | | occupation. |
| parking spot was in fact not owned by the seller. The | | | | Changes take place over time and his long absence |
| seller did have exclusive use of the parking spot but | | | | meant simply, he did not have enough experience to |
| did not own it and therefore could not sell it with the | | | | handle this condominium sale. |
| unit. Some sellers are unaware that they do not own | | | | So the next time you interview an agent for the job of |
| their parking spot, they just know that they have been | | | | selling your Mississauga Condo, Toronto Condo or |
| parking in the same spot since they moved into their | | | | Oakville Ontario Condo ask them how long they have |
| new condominium. | | | | been licensed and if they have been continuously |
| What Happened on Closing Day | | | | selling real estate full time for the time they claim. |
| On the closing day the buyers' lawyer demanded and | | | | |