by James R.G. Cook | Apr 21, 2025 | Legal Issues
QUICK HITS A Toronto buyer backed out of a real estate deal in Ontario after the keys weren’t delivered to his lawyer on closing day. The dispute led to five years of litigation, despite the court finding that the issue could have been easily resolved. ...
by Peace Penzi | Apr 15, 2025 | Legal Issues
In our previous coverage of Naeem v. Bowmanville Lakebreeze West Village Ltd., we explored the rare judicial path to recovering a deposit after failing to close on a real estate transaction. A recent decision from the Ontario Court of Appeal affirms that...
by James R.G. Cook | Apr 11, 2025 | Legal Issues
QUICK HITS In Dawood v. Popes Property Holdings Inc., the Ontario Superior Court held that an individual behind a corporation could not be held personally liable for a failed real estate transaction once the corporation had properly adopted the agreement under...
by James R.G. Cook | Apr 8, 2025 | Legal Issues
QUICK HITS The Ontario Court of Appeal overturned a decision ruling that buyers who submitted timely requisitions to remove oil and gas leases from title had a valid basis to refuse closing. The motion judge had held that only requisitions going to the “root...
by MarkWeisleder | Mar 21, 2025 | Guest Columns, Legal Issues
In my experience as a real estate lawyer and speaker, when a real estate brokerage has a proper FINTRAC compliance program, not only do they stay out of trouble with FINTRAC auditors, but they actually close more deals without any negative consequences. However, the...
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...
