by James R.G. Cook | Aug 7, 2025 | Legal Issues
QUICK HITS: The seller told the buyers that there were multiple competing offers. In reality, no other written offers existed. The court found that the buyers were wrongfully induced to overpay for the property due to the seller’s misrepresentations. They were awarded...
by REM Editorial Team | Aug 5, 2025 | Boards & Associations, Legal Issues, News
The Quebec Professional Association of Real Estate Brokers (QPAREB) says recent regulatory reforms to co-ownership are a sign of progress, but the group is advocating for changes it says are crucial to transparency in condo transactions. Bill 16 in Quebec is...
by James R.G. Cook | Jul 28, 2025 | Columnists, Legal Issues
When a real estate deal in Bowmanville, Ont. fell apart, neither the buyer nor the sellers were ready to close on the extended date, and no one took formal steps to keep the deal alive. The court ruled that since key conditions like a lease weren’t met and both sides...
by REM Editorial Team | Jul 15, 2025 | Legal Issues, News
Competition Bureau Canada is warning landlords and property managers against working with competitors to set rental prices. “The Competition Bureau is aware that some landlords and property managers may be engaging with their competitors, including through discussion...
by Courtney Zwicker | Jul 7, 2025 | Boards & Associations, Legal Issues, News
The fallout of the multi-million-dollar Ponzi scheme by former Calgary Realtor Eric Drinkwater continues to unfold, with new developments relating to the fraudster’s one-time bosses and the brokerage he worked for. Drinkwater’s scheme centred around falsified bridge...
by Courtney Zwicker | Jun 18, 2025 | Legal Issues, News
John William Wade (source: Facebook) Alberta’s real estate regulator has revoked the licence of Calgary agent John William Wade following serious misconduct findings. The Real Estate Council of Alberta (RECA) announced this week that Wade’s licence to trade in...
