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th ei fp .c a Th e IF P -H al to n H ill s | T hu rs da y, N ov em be r 15 ,2 01 8 | 24 ASK THE PROFESSIONAL 33 Main Street South Acton, ON L7J 1X3 Tel: 519-853-1330 Fax: 519-853-4645 Email: Mark@mchlawyers.com Mark Hilliard Mackenzie Chapman Hilliard Barristers and Solicitors The advice offered in this column is intended for informational purposes only. Use of this column is not intended to replace or substitute any professional, financial, medical, legal, or other professional advice. We work for you. legal matters Q A REAL ESTATE LAW What is the role of the deposit? When you're making an offer to purchase a property, you need to pay a deposit to secure your offer. The deposit provides security to the seller that you are serious about purchasing the property and that you would be able to complete the purchase on closing day. If the deal is firm, and the purchaser fails to complete the purchase, the vendor would be entitled to keep the deposit as compensation for taking the property off the market for a period of time. It is important that if you are making an offer to purchase, and you require financing, you ensure that the agreement of purchase and sale is conditional on you obtaining financing. There may be pressure for you to waive that condition in order for your offer to be accepted, but in that case you are risking your deposit, among other possible damages the vendor may be entitled to sue for if the deal does not close. If you can afford to lose the deposit, you may not be concerned. But sometimes it can be a sizeable sum, and if you cannot afford to lose it, it may not be worth the risk going firm with no financing secured. A new cemetery for the general public is taking shape for residents in Halton Hills and their families. Devereaux Cemetery is located in a quiet country setting on the 17th Side Road, just west of Trafalgar Road. It's adjacent to the Holy Redeemer Cemetery and open to people of all religious faiths. Contact us for information about available interment options, either at time of need or in advance. 905-877-8500 l www.devereauxcemetery.ca Owned and operated by The Roman Catholic Episcopal Corporation of the Diocese of Hamilton REAL ESTATE DIRECTORY Delivered to 23,750 Homes every Thursday! 905-877-8262 Your Real Estate Resource With 40 Year's Experience. Heather Morison Broker - ASA CIA CLHMS hmorison@royallepage.ca 905-873-4266 www.REresource.ca 519-853-0924 Noel Stoyles SALES REPRESENTATIVE DIRECT: (905) 866-8923 OFFICE: (905) 873-6111 (877) 306-IPRO (4776) 158 Guelph St., Unit 4 Georgetown, ON L7G 4A6noelstoyles@gmail.com Licensed Realtor serving Halton Hills since 1977 905-873-6111 158 Guelph St., Unit 4 Georgetown ills Mike AdamsTo advertise in this Full Colour Directory, please call Kelli 905-234-1018 or email kkosonic@theifp.ca GetWhatYou're Askin GoWith Baskin. Marc Baskin SaleS RepReSentativeSaleS RepReSentative Cell: 905-867-3280 Email:mbaskin@remaxcentre.ca www.gtown.ca Thinking of buying or selling? Call Effie or Helen for all your real estate needs. 905-873-6111 Effie: 416-991-4247 Helen: 647-258-5331 www.haltonpropertysisters.com sisters@iprorealty.com EFFIE DIMOU Sales Representative HELEN PAVLOPOULOS Broker PETER DYMOND Sales Representative DEMAND THE DYMOND STANDARD 905-456-1000 REALTY SERVICES INC., BROKERAGE www.PeterDymond.com Have you heard? Advertising works! This space is available for your ad. To advertise in this Full Colour Directory, please call Kelli 905-234-1018 or email kkosonic@theifp.ca