\documentclass[10pt,a4paper]{article}

% Packages
\usepackage{fancyhdr}           % For header and footer
\usepackage{multicol}           % Allows multicols in tables
\usepackage{tabularx}           % Intelligent column widths
\usepackage{tabulary}           % Used in header and footer
\usepackage{hhline}             % Border under tables
\usepackage{graphicx}           % For images
\usepackage{xcolor}             % For hex colours
%\usepackage[utf8x]{inputenc}    % For unicode character support
\usepackage[T1]{fontenc}        % Without this we get weird character replacements
\usepackage{colortbl}           % For coloured tables
\usepackage{setspace}           % For line height
\usepackage{lastpage}           % Needed for total page number
\usepackage{seqsplit}           % Splits long words.
%\usepackage{opensans}          % Can't make this work so far. Shame. Would be lovely.
\usepackage[normalem]{ulem}     % For underlining links
% Most of the following are not required for the majority
% of cheat sheets but are needed for some symbol support.
\usepackage{amsmath}            % Symbols
\usepackage{MnSymbol}           % Symbols
\usepackage{wasysym}            % Symbols
%\usepackage[english,german,french,spanish,italian]{babel}              % Languages

% Document Info
\author{o1510}
\pdfinfo{
  /Title (part-2-chapter-11-18.pdf)
  /Creator (Cheatography)
  /Author (o1510)
  /Subject (part 2: chapter 11-18 Cheat Sheet)
}

% Lengths and widths
\addtolength{\textwidth}{6cm}
\addtolength{\textheight}{-1cm}
\addtolength{\hoffset}{-3cm}
\addtolength{\voffset}{-2cm}
\setlength{\tabcolsep}{0.2cm} % Space between columns
\setlength{\headsep}{-12pt} % Reduce space between header and content
\setlength{\headheight}{85pt} % If less, LaTeX automatically increases it
\renewcommand{\footrulewidth}{0pt} % Remove footer line
\renewcommand{\headrulewidth}{0pt} % Remove header line
\renewcommand{\seqinsert}{\ifmmode\allowbreak\else\-\fi} % Hyphens in seqsplit
% This two commands together give roughly
% the right line height in the tables
\renewcommand{\arraystretch}{1.3}
\onehalfspacing

% Commands
\newcommand{\SetRowColor}[1]{\noalign{\gdef\RowColorName{#1}}\rowcolor{\RowColorName}} % Shortcut for row colour
\newcommand{\mymulticolumn}[3]{\multicolumn{#1}{>{\columncolor{\RowColorName}}#2}{#3}} % For coloured multi-cols
\newcolumntype{x}[1]{>{\raggedright}p{#1}} % New column types for ragged-right paragraph columns
\newcommand{\tn}{\tabularnewline} % Required as custom column type in use

% Font and Colours
\definecolor{HeadBackground}{HTML}{333333}
\definecolor{FootBackground}{HTML}{666666}
\definecolor{TextColor}{HTML}{333333}
\definecolor{DarkBackground}{HTML}{A3A3A3}
\definecolor{LightBackground}{HTML}{F3F3F3}
\renewcommand{\familydefault}{\sfdefault}
\color{TextColor}

% Header and Footer
\pagestyle{fancy}
\fancyhead{} % Set header to blank
\fancyfoot{} % Set footer to blank
\fancyhead[L]{
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{C}
    \SetRowColor{DarkBackground}
    \vspace{-7pt}
    {\parbox{\dimexpr\textwidth-2\fboxsep\relax}{\noindent
        \hspace*{-6pt}\includegraphics[width=5.8cm]{/web/www.cheatography.com/public/images/cheatography_logo.pdf}}
    }
\end{tabulary}
\columnbreak
\begin{tabulary}{11cm}{L}
    \vspace{-2pt}\large{\bf{\textcolor{DarkBackground}{\textrm{part 2: chapter 11-18 Cheat Sheet}}}} \\
    \normalsize{by \textcolor{DarkBackground}{o1510} via \textcolor{DarkBackground}{\uline{cheatography.com/32658/cs/10376/}}}
\end{tabulary}
\end{multicols}}

\fancyfoot[L]{ \footnotesize
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{LL}
  \SetRowColor{FootBackground}
  \mymulticolumn{2}{p{5.377cm}}{\bf\textcolor{white}{Cheatographer}}  \\
  \vspace{-2pt}o1510 \\
  \uline{cheatography.com/o1510} \\
  \end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Cheat Sheet}}  \\
   \vspace{-2pt}Published 7th January, 2017.\\
   Updated 7th January, 2017.\\
   Page {\thepage} of \pageref{LastPage}.
\end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Sponsor}}  \\
  \SetRowColor{white}
  \vspace{-5pt}
  %\includegraphics[width=48px,height=48px]{dave.jpeg}
  Measure your website readability!\\
  www.readability-score.com
\end{tabulary}
\end{multicols}}




\begin{document}
\raggedright
\raggedcolumns

% Set font size to small. Switch to any value
% from this page to resize cheat sheet text:
% www.emerson.emory.edu/services/latex/latex_169.html
\footnotesize % Small font.

\begin{multicols*}{3}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 11}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Option} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & Legally enforceable agreement. Seller promises buyer to keep an offer open for acceptance until a specified time. May serve as a substitute for consideration. \tn 
% Row Count 6 (+ 5)
% Row 2
\SetRowColor{LightBackground}
 & Transaction with a subjective subject clause: buyer's representative may better protect the buyer by recording presence of separate consideration for the seller's promise to refrain from cancelling the agreement before the subject removal deadline \tn 
% Row Count 13 (+ 7)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{True Conditions Precedent} \tn 
% Row Count 14 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & dependent on will/actions of someone who is not a party to the contract. No party may unilaterally waive. \tn 
% Row Count 17 (+ 3)
% Row 5
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Condition} \tn 
% Row Count 18 (+ 1)
% Row 6
\SetRowColor{LightBackground}
 & fundamental term of contract. \tn 
% Row Count 19 (+ 1)
% Row 7
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Condition Breach} \tn 
% Row Count 20 (+ 1)
% Row 8
\SetRowColor{LightBackground}
 & injured party can terminate and/or sue for damages or specific performance \tn 
% Row Count 23 (+ 3)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Property Disclosure Statement} \tn 
% Row Count 24 (+ 1)
% Row 10
\SetRowColor{LightBackground}
 & completed any time property is listed for sale. DOES NOT form a party of their contract unless agreed to. \tn 
% Row Count 27 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 11: Contract of Purchase and Sale}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Contains the obligations of the vendor and purchaser with respect to purchase and sale} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & Legible, names/occupations, description of property, description of financing/price \tn 
% Row Count 5 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & Protection of personal information: obtain consent for various use \tn 
% Row Count 7 (+ 2)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Terms and Conditions:} \tn 
% Row Count 8 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & warranty: breach allows to sue for damages but not terminate \tn 
% Row Count 10 (+ 2)
% Row 5
\SetRowColor{white}
 & conditions, deposit, consideration \tn 
% Row Count 11 (+ 1)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{note: if the parties to the contract do not consent in writing to the release of the deposit, then the brokerage cannot release the deposit from trust.} \tn 
% Row Count 15 (+ 4)
% Row 7
\SetRowColor{white}
 & Deposits protected under contract \tn 
% Row Count 16 (+ 1)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Record Keeping: receipt of funds, client info, large cash transaction, suspicious transaction, client identification, unrepresented parties and third party determination, penalties: criminal charges} \tn 
% Row Count 20 (+ 4)
% Row 9
\SetRowColor{white}
 & keep record of steps involved to ascertain the existence of party \tn 
% Row Count 22 (+ 2)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Warranties: express or implied (verify implied)} \tn 
% Row Count 23 (+ 1)
% Row 11
\SetRowColor{white}
 & written warranties necessary to preserve a parties right to sue after transaction \tn 
% Row Count 26 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} p{0.4977 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{When an agent acting within authority discloses he is acting as an agent enters into a contract with 3rd party, the parties to the contract are: PRINCIPAL + 3RD PARTY} \tn 
% Row Count 4 (+ 4)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Power of attorney, undersold property: succeed for damages for breach of agency contract (not for warranty of authority)} \tn 
% Row Count 7 (+ 3)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Ratification: agents authority created retroactively by principal} \tn 
% Row Count 9 (+ 2)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{An agent will be personally liable to third parties: where they fail to disclose that they are an agent} \tn 
% Row Count 12 (+ 3)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{The licensee may advise the buyer that the offer exceeds the stated price in listing contract} \tn 
% Row Count 14 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 13}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Reasons to borrow funds} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & Diversify investments and reduce overall risk by using only part of total funds \tn 
% Row Count 4 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & Invest the borrowed funds at a higher rate of interest than the borrowing rate \tn 
% Row Count 7 (+ 3)
% Row 3
\SetRowColor{white}
 & Purchase real estate as a hedge against inflation \tn 
% Row Count 9 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & Save or release equity for activities \tn 
% Row Count 11 (+ 2)
% Row 5
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Primary objectives of the lender-investor} \tn 
% Row Count 12 (+ 1)
% Row 6
\SetRowColor{LightBackground}
 & Regular and predictable return on capital as specified in the loan contract \tn 
% Row Count 15 (+ 3)
% Row 7
\SetRowColor{white}
 & Return of capital through the scheduled payment \tn 
% Row Count 17 (+ 2)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Primary Mortgage Market: sale of interests of land} \tn 
% Row Count 18 (+ 1)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Secondary Mortgage Market: mortgages bought/sold as investment} \tn 
% Row Count 20 (+ 2)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Interest Rate Charged on a Mortgage Loan is Comprised of:} \tn 
% Row Count 22 (+ 2)
% Row 11
\SetRowColor{white}
 & Return on the invested capital which is determined by current interest rates in investment markets and by the supply and demand for mortgage funds \tn 
% Row Count 27 (+ 5)
% Row 12
\SetRowColor{LightBackground}
 & Inducement to accept risk on the capital resulting from an uncertain investment; prime investments will generally be granted a lower rate than higher risk \tn 
% Row Count 32 (+ 5)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 13 (cont)}}  \tn
% Row 13
\SetRowColor{LightBackground}
 & Payment to the lender for part of the costs of managing m. lending activities \tn 
% Row Count 3 (+ 3)
% Row 14
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Elements Considered in Setting Rate} \tn 
% Row Count 4 (+ 1)
% Row 15
\SetRowColor{LightBackground}
 & Credit rating of the borrower, property value \tn 
% Row Count 6 (+ 2)
% Row 16
\SetRowColor{white}
 & Administrative work \tn 
% Row Count 7 (+ 1)
% Row 17
\SetRowColor{LightBackground}
 & Type of property used \tn 
% Row Count 8 (+ 1)
% Row 18
\SetRowColor{white}
 & Amount of borrower's equity; rate being lower as the amount of equity increases \tn 
% Row Count 11 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Interest Act: no limit on the rate of interest which can be charged in a mortgage. Borrower must be individual, rates must be determined} \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Criminal rate is over 60\%} \tn 
% Row Count 4 (+ 1)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Mortgage Fraud Offences:} \tn 
% Row Count 5 (+ 1)
% Row 3
\SetRowColor{white}
 & person who acts under POA for the mortgage of property to fraudulently use proceeds for an unauthorized purpose \tn 
% Row Count 9 (+ 4)
% Row 4
\SetRowColor{LightBackground}
 & agent of seller to fraudulently conceal title info to induce a sale \tn 
% Row Count 11 (+ 2)
% Row 5
\SetRowColor{white}
 & person who has knowledge of unregistered mortgage to sell property \tn 
% Row Count 13 (+ 2)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Provincial Legislation Over Mortgages: Business Practices and Consumer Protection Act} \tn 
% Row Count 15 (+ 2)
% Row 7
\SetRowColor{white}
 & BC can intervene if loan is excessive, even rewrite entire transaction \tn 
% Row Count 17 (+ 2)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Mortgage Brokers Legislation: registrar has power to investigate complaints, freeze funds} \tn 
% Row Count 19 (+ 2)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Environmental Legislation and Mortgage Loan Application Procedures: creates exemption from remediation liability for lenders who act primarily to protect their security interest. Lenders become liable for remediation when} \tn 
% Row Count 24 (+ 5)
% Row 10
\SetRowColor{LightBackground}
 & they make requirements which cause a site to become conaminated \tn 
% Row Count 26 (+ 2)
% Row 11
\SetRowColor{white}
 & registered owner of a contaminated property \tn 
% Row Count 28 (+ 2)
% Row 12
\SetRowColor{LightBackground}
 & they must get approval from director of waste management within 10 days of purchase \tn 
% Row Count 31 (+ 3)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15 (cont)}}  \tn
% Row 13
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Remediation: cleanup of environmentally contaminated site} \tn 
% Row Count 2 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 17}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{5 c's of credit in notes} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Commercial Underwriting Process} \tn 
% Row Count 2 (+ 1)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Residential property which is not owner occupied (income producing), and all non residential property (predominantly income producing). Focus is on NOI. Application Factors Include:} \tn 
% Row Count 6 (+ 4)
% Row 3
\SetRowColor{white}
 & Applicant's track record \tn 
% Row Count 7 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & Mortgage and real estate market conditions at time of application \tn 
% Row Count 9 (+ 2)
% Row 5
\SetRowColor{white}
 & Type, age, condition and location of the property securing the loan \tn 
% Row Count 11 (+ 2)
% Row 6
\SetRowColor{LightBackground}
 & Strength of the covenants of tenants resident in property \tn 
% Row Count 13 (+ 2)
% Row 7
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Lending Constraints: LVR and income constraint (lower of 2)} \tn 
% Row Count 15 (+ 2)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Income Constraint: safety margin ensures that the NOI can cover the mortgage payments by expressing the margin between the net operating income and mortgage payment as a percentage of NOI} \tn 
% Row Count 19 (+ 4)
% Row 9
\SetRowColor{white}
 & DCR = NOI/Annual Mortgage Payments \tn 
% Row Count 20 (+ 1)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 11}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{s59 of the Law and Equity Act (prevention of fraud)} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & Should be in writing, otherwise it is NOT void, hard to enforce \tn 
% Row Count 4 (+ 2)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{EXCEPTIONS} \tn 
% Row Count 5 (+ 1)
% Row 3
\SetRowColor{white}
 & contract for less than 3 years \tn 
% Row Count 6 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & indication of subject matter, money ahs been spent, reasonable reliance, deposit/prepayment given, \tn 
% Row Count 9 (+ 3)
% Row 5
\SetRowColor{white}
 & court may order deposit returned \tn 
% Row Count 10 (+ 1)
% Row 6
\SetRowColor{LightBackground}
 & writing can be sufficient even though a term is left out or improperly stated \tn 
% Row Count 13 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 11}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Doctrine of Merger} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & limits remedies available to the parties after real estate conveyance \tn 
% Row Count 3 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & doesnt apply to: fraud, mutual mistake, condition, warranty, \tn 
% Row Count 5 (+ 2)
% Row 3
\SetRowColor{white}
 & caveat emptor applies: buyer must be responsible for checking accuracy before purchase is made \tn 
% Row Count 8 (+ 3)
% Row 4
\SetRowColor{LightBackground}
 & if deficiencies are discovered, they must be acted upon before contract closing. Remedy: recession \tn 
% Row Count 11 (+ 3)
% Row 5
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Statutory Land Title System: transfers of freehold estate must be in a transfer form instead of a deed} \tn 
% Row Count 14 (+ 3)
% Row 6
\SetRowColor{LightBackground}
 & seller executes a prescribed transfer form: seller has the right to convey title, buyer has quiet possession, title is free from encumbrance \tn 
% Row Count 18 (+ 4)
% Row 7
\SetRowColor{white}
 & seller will sign further docs, produce docs that support title and release claim to land \tn 
% Row Count 21 (+ 3)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Encumbrance: judgement, mortgage, lien or any other claim which is registered against land} \tn 
% Row Count 23 (+ 2)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Fiduciary: person who holds a position of trust with respect to someone and is obliged, to act solely on the persons benefit} \tn 
% Row Count 26 (+ 3)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Builders Liens: claim registered against the title to land by a contractor/supplier of material} \tn 
% Row Count 28 (+ 2)
% Row 11
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Refusal to Perform Remedies: court will order} \tn 
% Row Count 29 (+ 1)
% Row 12
\SetRowColor{LightBackground}
 & restitution (return deposit) \tn 
% Row Count 30 (+ 1)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 11 (cont)}}  \tn
% Row 13
\SetRowColor{LightBackground}
 & Incomplete contracts can still be enforced \tn 
% Row Count 2 (+ 2)
% Row 14
\SetRowColor{white}
 & you cannot enforce contract against person who did not sign \tn 
% Row Count 4 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12: Types of Agency Contracts}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Exclusive Listing} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & Exclusive right to sell for a specific period of time \tn 
% Row Count 3 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & If the owner sells himself, he must still pay commission \tn 
% Row Count 5 (+ 2)
% Row 3
\SetRowColor{white}
 & If the owner uses 2nd agent to sell his property - two commissions could be payable \tn 
% Row Count 8 (+ 3)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Multiple Listing} \tn 
% Row Count 9 (+ 1)
% Row 5
\SetRowColor{white}
 & Exclusive right to sell \tn 
% Row Count 10 (+ 1)
% Row 6
\SetRowColor{LightBackground}
 & Listing must be distributed to all members of the real estate board and placed on MLS \tn 
% Row Count 13 (+ 3)
% Row 7
\SetRowColor{white}
 & Listing is not valid unless: its signed, in writing and true copy to owners, provision that it will expire on date \tn 
% Row Count 17 (+ 4)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Open Listing} \tn 
% Row Count 18 (+ 1)
% Row 9
\SetRowColor{white}
 & The owner may employ a number of agents to find the purchaser \tn 
% Row Count 20 (+ 2)
% Row 10
\SetRowColor{LightBackground}
 & A commission is paid to the agent who is the effective cause of the sale \tn 
% Row Count 22 (+ 2)
% Row 11
\SetRowColor{white}
 & Owner can also sell himself and no commission is payable (mostly commercial listings) \tn 
% Row Count 25 (+ 3)
% Row 12
\SetRowColor{LightBackground}
 & Brokerage promises to use best efforts to locate a ready, willing purchaser \tn 
% Row Count 28 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 13}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Supply of Mortgage Funds: linked with capital market: competes for share} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & When demand increases, interest rates increase, investment funds attracted to m. market \tn 
% Row Count 5 (+ 3)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Demand of Mortgage Funds: activity of RE market and terms/price of loan. UP when expanding economy} \tn 
% Row Count 7 (+ 2)
% Row 3
\SetRowColor{white}
 & stickiness: slow response \tn 
% Row Count 8 (+ 1)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Characteristics of Mortgage Loans} \tn 
% Row Count 9 (+ 1)
% Row 5
\SetRowColor{white}
 & unique investment, hard to trade, long repayment terms, admin work, large capital outlay \tn 
% Row Count 12 (+ 3)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{CMHC: the only government mortgage insurance in canada} \tn 
% Row Count 14 (+ 2)
% Row 7
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Source of Mortgage Funds:} \tn 
% Row Count 15 (+ 1)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Institutional Lenders: banks, credit unions, trust and loan companies, life insurance companies} \tn 
% Row Count 17 (+ 2)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Private Lenders: individuals, vendors of property, investment groups, trust companies, pension funds, might charge higher rates} \tn 
% Row Count 20 (+ 3)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Government: insured by govt agencies, source of mortgage funds} \tn 
% Row Count 22 (+ 2)
% Row 11
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Mortgage Investment Corporations: if borrowers cant qualify, their own lending policies} \tn 
% Row Count 24 (+ 2)
% Row 12
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{note: by creating a m.loan, the borrower (MORTGAGOR) pledges their property rights as collateral for the loan.} \tn 
% Row Count 27 (+ 3)
% Row 13
\SetRowColor{white}
 & Possession and right to redeem the clear title to the property remain with the mortgagor, they are able to build up a series of claims against remaining collateral (get more mortgages) \tn 
% Row Count 33 (+ 6)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Assignment of Mortgage (transfer to another). Risks: payments} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Property Law Act Protection For: acquiring residence, making improvements, making expenditures for household, refinancing} \tn 
% Row Count 5 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & Property Law Act limits continuing liability of a vendor under a mortgage or agreement for sale under these circumstances: \tn 
% Row Count 9 (+ 4)
% Row 3
\SetRowColor{white}
 & Term has expired and lender does not make a demand for payments within 3 months of the expiry \tn 
% Row Count 12 (+ 3)
% Row 4
\SetRowColor{LightBackground}
 & Mortgage assumed or agreement for sale transferred is payable upon demand, no demand within 3 months: liability extinguished \tn 
% Row Count 16 (+ 4)
% Row 5
\SetRowColor{white}
 & Lender expressly approves purchasers assumption of mortgage or agreement for sale then vendor's liability will cease, subject to requirements (approval made within 3 months, lender is entitled to reasonable financial info about purchaser) \tn 
% Row Count 23 (+ 7)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Novation and Impairment of Security} \tn 
% Row Count 24 (+ 1)
% Row 7
\SetRowColor{white}
 & With novation: borrower will be released from further liability. Substitution of one contract for another \tn 
% Row Count 27 (+ 3)
% Row 8
\SetRowColor{LightBackground}
 & Impairing the Security: lender does something which prevents lender from being able to restore the property to original state to the borrower upon the borrower repaying mortgage debt. \tn 
% Row Count 33 (+ 6)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15 (cont)}}  \tn
% Row 9
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Acceleration} \tn 
% Row Count 1 (+ 1)
% Row 10
\SetRowColor{white}
 & maturity date of loan is pushed forward and lender demands to be paid out in full \tn 
% Row Count 4 (+ 3)
% Row 11
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Omnibus} \tn 
% Row Count 5 (+ 1)
% Row 12
\SetRowColor{white}
 & in default of payment the lender will do payment and it will be added to the loan \tn 
% Row Count 8 (+ 3)
% Row 13
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Lender's Remedies} \tn 
% Row Count 9 (+ 1)
% Row 14
\SetRowColor{white}
 & gives lender complete discretion to use most suitable remedy \tn 
% Row Count 11 (+ 2)
% Row 15
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Mortgage in Possession} \tn 
% Row Count 12 (+ 1)
% Row 16
\SetRowColor{white}
 & foreclosure \tn 
% Row Count 13 (+ 1)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Competition Act (chapter 11)}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Federal statute designed to hold businesses accountable for misleading advertising, enforced by Competition Bureau} \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & Criminal Provisions: agreements in restraint of trade \tn 
% Row Count 5 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & conspires to fix, maintain, increase, or control prices for product supply or sales, allocate territories, eliminate supply of product \tn 
% Row Count 9 (+ 4)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Civil Provisions: agreements between competitors requiring/prohibiting any person to take any action} \tn 
% Row Count 11 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & misleading advertising, price maintenance, sale above advertised price \tn 
% Row Count 13 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Express Contract} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & Written or Oral, Mutual agreement of both parties \tn 
% Row Count 3 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & Most common relationship \tn 
% Row Count 4 (+ 1)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Implied Agency} \tn 
% Row Count 5 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & can be implied by conduct, not to common, "bring me the buyer", agreeing to do something \tn 
% Row Count 8 (+ 3)
% Row 5
\SetRowColor{white}
 & past consideration is no consideration! \tn 
% Row Count 10 (+ 2)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Ratification} \tn 
% Row Count 11 (+ 1)
% Row 7
\SetRowColor{white}
 & An agent's authority can be granted retroactively \tn 
% Row Count 13 (+ 2)
% Row 8
\SetRowColor{LightBackground}
 & When the agent informs the principal of his actions and the principal accepts, the principal will be bound by the contract \tn 
% Row Count 17 (+ 4)
% Row 9
\SetRowColor{white}
 & Gives sellers word before seller agrees, seller accepts past actions, if the seller says no - the agent will be responsible \tn 
% Row Count 21 (+ 4)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Agency by Estoppel} \tn 
% Row Count 22 (+ 1)
% Row 11
\SetRowColor{white}
 & (not too common) Where the principal acts in such way as to lead a 3rd party to believe that the agent has authority to act on behalf on the principal. \tn 
% Row Count 27 (+ 5)
% Row 12
\SetRowColor{LightBackground}
 & Limited right. Agent CANNOT sign for anyone, seller gives {[}similar to{]} power of attorney \tn 
% Row Count 30 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4577 cm} x{1.87657 cm} x{2.24273 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{3}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{3}{x{5.377cm}}{Actual Authority} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
 & Express Authority &  \tn 
% Row Count 3 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 &  & How \seqsplit{long/much/commission} \tn 
% Row Count 5 (+ 2)
% Row 3
\SetRowColor{white}
 &  & Is created and limited by the terms of the contract \tn 
% Row Count 8 (+ 3)
% Row 4
\SetRowColor{LightBackground}
 &  & Promise to pay commission must be supported by consideration (listing agreement) \tn 
% Row Count 13 (+ 5)
% Row 5
\SetRowColor{white}
 &  & (implied + express) Painting/Rolls Royce question: The agent has express authority to not come back without the original \tn 
% Row Count 20 (+ 7)
% Row 6
\SetRowColor{LightBackground}
 & Implied Authority &  \tn 
% Row Count 22 (+ 2)
% Row 7
\SetRowColor{white}
 &  & Every agent has implied authority to do anything necessary for carrying out the express authority granted (ie. enter property with buyer) \tn 
% Row Count 30 (+ 8)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4577 cm} x{1.87657 cm} x{2.24273 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{3}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12 (cont)}}  \tn
% Row 8
\SetRowColor{LightBackground}
 &  & Goal: to sell \tn 
% Row Count 1 (+ 1)
% Row 9
\SetRowColor{white}
 & Usual or Customary Authority &  \tn 
% Row Count 3 (+ 2)
% Row 10
\SetRowColor{LightBackground}
 &  & (most common) The agent is governed what is usual in the trade (to collect deposit) \tn 
% Row Count 8 (+ 5)
% Row 11
\SetRowColor{white}
\mymulticolumn{3}{x{5.377cm}}{Apparent Authority} \tn 
% Row Count 9 (+ 1)
% Row 12
\SetRowColor{LightBackground}
 &  & Where the 3rd party would reasonably consider, from the conduct of the principal and agent, that the agent did in fact possess authority \tn 
% Row Count 17 (+ 8)
% Row 13
\SetRowColor{white}
 &  & Not common. ie. the seller lets the agent act on behalf of them "sell my house for any price, i trust you" \tn 
% Row Count 23 (+ 6)
% Row 14
\SetRowColor{LightBackground}
 &  & THE AGENT CANNOT SIGN! \tn 
% Row Count 25 (+ 2)
% Row 15
\SetRowColor{white}
\mymulticolumn{3}{x{5.377cm}}{Termination of Authority} \tn 
% Row Count 26 (+ 1)
% Row 16
\SetRowColor{LightBackground}
 &  & The relationship is based on mutual consent, either party can terminate at will \tn 
% Row Count 31 (+ 5)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4577 cm} x{1.87657 cm} x{2.24273 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{3}{x{5.377cm}}{\bf\textcolor{white}{Chapter 12 (cont)}}  \tn
% Row 17
\SetRowColor{LightBackground}
 &  & Can be revoked orally or by conduct \tn 
% Row Count 2 (+ 2)
% Row 18
\SetRowColor{white}
 &  & Principal that is inconsistent with the communication of authority (ie. one doesn't listen to the other) \tn 
% Row Count 8 (+ 6)
% Row 19
\SetRowColor{LightBackground}
 &  & Frustration: something happens after the contract is signed (house burns down) \tn 
% Row Count 13 (+ 5)
% Row 20
\SetRowColor{white}
 &  & Death, Insanity, Bankruptcy \tn 
% Row Count 15 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}---}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Lender: mortgagee} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Borrower: mortgagor} \tn 
% Row Count 2 (+ 1)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Implied Terms of A Mortgage} \tn 
% Row Count 3 (+ 1)
% Row 3
\SetRowColor{white}
 & Prohibition Against Clogging: borrower has right to have the title conveyed in the same state free of any encumbrances. \tn 
% Row Count 7 (+ 4)
% Row 4
\SetRowColor{LightBackground}
 & Option to Purchase the Property when Negotiated: clog on the equity of redemption and makes the contract void. \tn 
% Row Count 11 (+ 4)
% Row 5
\SetRowColor{white}
 & Option which makes the redemption date distant is void - a term which restricts prepayments or prevents assumption does not constitute a clog. \tn 
% Row Count 15 (+ 4)
% Row 6
\SetRowColor{LightBackground}
 & Stipulations for Collateral Advantage: mortgagee can give the borrower terms which benefit itself, but it has to extend outside of the mortgage (ie.buying their products) \tn 
% Row Count 20 (+ 5)
% Row 7
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Express Terms of A Mortgage} \tn 
% Row Count 21 (+ 1)
% Row 8
\SetRowColor{LightBackground}
 & Land Title Act: delivered and signed to both parties \tn 
% Row Count 23 (+ 2)
% Row 9
\SetRowColor{white}
 & Land Transfer Form Act: interpretation of terms \tn 
% Row Count 25 (+ 2)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Vendor "take back" Mortgage} \tn 
% Row Count 26 (+ 1)
% Row 11
\SetRowColor{white}
 & taken back to facilitate a sale, vendor becomes mortgagee, purchaser becomes mortgagor \tn 
% Row Count 29 (+ 3)
% Row 12
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Reverse Annuity Mortgage} \tn 
% Row Count 30 (+ 1)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15 (cont)}}  \tn
% Row 13
\SetRowColor{LightBackground}
 & lender makes periodic payments to borrower. At the end of term, borrower will have to repay balance by owing or refinancing the property \tn 
% Row Count 4 (+ 4)
% Row 14
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{Wrap Around Mortgage} \tn 
% Row Count 5 (+ 1)
% Row 15
\SetRowColor{LightBackground}
 & 2nd m. registered, includes prior m. Writing for equal or greater amount. Payments include all sums, responsibilities same as original \tn 
% Row Count 9 (+ 4)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} x{4.4793 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Chapter 15}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Interest Act: if the document does not mention interest, no interest can be charged.} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & If document requires interest to be paid with no set amount - rate allowed by law is 5\% (does not apply to companies) \tn 
% Row Count 6 (+ 4)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Foreclosure: Process} \tn 
% Row Count 7 (+ 1)
% Row 3
\SetRowColor{white}
 & Demand Letter: short time to pay \tn 
% Row Count 8 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & Petition: BC Supreme court registry \tn 
% Row Count 9 (+ 1)
% Row 5
\SetRowColor{white}
 & 1st Court Order: Order NISI (redemption period) \tn 
% Row Count 11 (+ 2)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Petitioner May Apply For:} \tn 
% Row Count 12 (+ 1)
% Row 7
\SetRowColor{white}
 & Judicial Sale: Not enough equity, owner can still be liable, most common in BC (ie someone bought it for too much and cant sell) \tn 
% Row Count 16 (+ 4)
% Row 8
\SetRowColor{LightBackground}
 & Order of ABSOLUTE foreclosure: enough equity in property, owner no longer liable, lender becomes registered owner, no further action can be taken against owner \tn 
% Row Count 21 (+ 5)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{1st Mortgage: Legal Mortgage} \tn 
% Row Count 22 (+ 1)
% Row 10
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{2nd Mortgage: equitable mortgage} \tn 
% Row Count 23 (+ 1)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}


% That's all folks
\end{multicols*}

\end{document}