by REM Editorial Team | Jan 14, 2013 | Advice for Agents, Featured, Legal Issues
By Bob Aaron A Saskatoon real estate agent and his brokerage have escaped liability to the purchasers of a home with a wet basement in a misrepresentation lawsuit. Although they recovered their damages from the sellers, the unhappy buyers were ordered to pay the...
by REM Editorial Team | Dec 20, 2012 | Advice for Agents, Legal Issues
The purchaser of a condominium unit value-priced at almost $3 million paid deposits of nearly $750,000. The purchaser left the country but left a real estate agent as the go-between in the transaction. The agent went through an inspection process and the vendor...
by REM Editorial Team | Nov 29, 2012 | Advice for Agents, Legal Issues
By Donald H. Lapowich Local residents in B.C. incorporated a society in anticipation of buying land from the CPR. The land was subdivided into six lots, one of which was to be kept by the society as a park. When the plaintiffs showed an interest in the property, the...
by REM Editorial Team | Nov 13, 2012 | Advice for Agents, Legal Issues
A Manitoba “Master” of the court held that when an Agreement of Purchase and Sale contained a condition precedent for solicitor’s approval, a defendant’s solicitor could advise real estate agents that he would not approve going through with the sale. The condition...
by REM Editorial Team | Oct 18, 2012 | Advice for Agents, Legal Issues
A husband (debtor) and his late wife purchased a condo in joint tenancy. The creditor obtained a judgment against the husband, and issued a writ of service and sale. The creditor took steps to sell the condo unit. Meanwhile, the wife by will left her half of the...
by REM Editorial Team | Sep 7, 2012 | Advice for Agents, Legal Issues
By Donald H. Lapowich Numerous lawsuits are instituted against professionals. Yes, some are “try-ons’ but many require a settlement ultimately and a very few go to some form of adjudication. As a defence Errors and Omissions lawyer, I have learned and believe in the...
