by James R.G. Cook | Mar 17, 2025 | Columnists, Legal Issues
QUICK HITS An Ontario Superior Court decision in Reel em Inn and Resort v. RNR Doemel Enterprises ruled that a buyer was entitled to terminate a real estate transaction and recover their deposit after the seller failed to address outstanding work orders before...
by James R.G. Cook | Mar 10, 2025 | Columnists, Legal Issues
Stock photo (Canva) QUICK HITS A buyer agreed to purchase a home, but before closing, the property was destroyed by fire, triggering an insurance clause in the APS. While the seller provided insurance details and extended the closing date, the buyer...
by James R.G. Cook | Feb 27, 2025 | Columnists, Legal Issues
QUICK HITS A buyer who failed to close on a Burlington property due to lack of funds attempted to rely on legal defences of force majeure and frustration, citing difficulties accessing inherited money from Afghanistan and a failed sale of another property. The...
by James R.G. Cook | Feb 7, 2025 | Legal Issues
In addition to acting on purchases and sales, real estate agents may be engaged to find tenants for their clients. The services provided in this regard can include listing the rental property and vetting potential tenants. If a tenant found through the listing...
by James R.G. Cook | Dec 19, 2024 | Legal Issues
QUICK HITS When the buyers of a $937,400 home backed out of the deal, they claimed the contract was void because deadlines had been missed. The court found that their actions—like paying deposits and not cancelling the agreement earlier—showed they intended to...
