by James R.G. Cook | Aug 16, 2021 | Featured, Legal Issues
After an Agreement of Purchase and Sale (APS) is signed and a deposit is paid it may be weeks or months before the scheduled completion date. In the case of new properties under construction, it could be years. During that time, the APS generally remains a binding...
by James R.G. Cook | Jul 26, 2021 | Featured, Legal Issues
In the real estate industry, relationships between buyers and their real estate agent are often governed by a written Buyers Representation Agreement (BRA). A BRA usually contains a series of standard form terms, including a term that the buyers will not use the...
by James R.G. Cook | Jul 16, 2021 | Featured, Legal Issues
Sales of new condominiums and townhouses may sometimes allow a buyer to move into a unit on an “interim occupancy date”, which may be several months before the purchase is scheduled to be finally completed. In such cases, buyers may have to pay interest on the unpaid...
by James R.G. Cook | Jul 5, 2021 | Featured, Legal Issues
When courts have to decide whose version of a conversation is more likely to have occurred, recourse must often be had to the surrounding circumstances and any available contemporaneous documentation. In addition, in assessing the conduct of parties in a commercial...
by James R.G. Cook | Jun 21, 2021 | Featured, Legal Issues
While conditional offers may be rare in the Greater Toronto Area, where multiple bidders compete for most properties, buyers in less heated markets may sometimes negotiate a limited time period to have a home inspection, arrange financing or complete other due...
