by James R.G. Cook | Oct 13, 2023 | Legal Issues
QUICK HITS In the case of 1000249084 Ontario Inc. v. Andazesgishahr, the Ontario Superior Court of Justice dealt with a property dispute involving co-owners and a mortgage lender; the co-owners had an agreement preventing the sale of the property without mutual...
by Natalka Falcomer | Oct 11, 2023 | Legal Issues, News
QUICK HITS The federal court has given the green light for a proposed class-action lawsuit alleging price-fixing in the GTA’s real estate industry to move forward in the legal process. Chief Justice Paul Crampton’s recent decision, though...
by James R.G. Cook | Sep 29, 2023 | Legal Issues
QUICK HITS In a collapsing real estate market, buyers who fail to complete a purchase can face substantial liability exceeding their deposit; the case of Switzer v. Petrie arose from a failed real estate transaction in Ontario in July 2022. The buyers backed out due...
by James R.G. Cook | Sep 13, 2023 | Legal Issues
QUICK HITS In Stanley v. Grech, a real estate agent’s alleged professional negligence was examined. The plaintiff purchased a strata lot in Vancouver with the intention of redeveloping it. The agent failed to recommend legal advice, leading to disputes over...
by James R.G. Cook | Sep 6, 2023 | Legal Issues
QUICK HITS In the case of More v. 1362279 Ontario Ltd. (Seiko Homes), a real estate dispute highlighted the importance of understanding closing deadlines in property transactions. When the APS lacks a specified time for closing, midnight is often assumed, but...
by Shaneka Shaw Taylor | Sep 1, 2023 | Legal Issues, News
QUICK HITS An Ontario case highlights the rare instances in which a purchaser can recover a deposit from an APS when unable to close. The case of Naeem v. Bowmanville Lakebreeze West Village Ltd. involves a misled buyer seeking deposit relief due to a misrepresented...
