by Shaneka Shaw Taylor | Aug 25, 2021 | Featured, Legal Issues
In Tsui v. Zhuoqi, Ontario’s Superior Court of Justice addressed two complex issues. First, what duties do sellers owe purchasers when damage to a property may be substantial and second, what constitutes substantial damage to property? The seller, Ye Zhuoqi entered...
by James R.G. Cook | Aug 16, 2021 | Featured, Legal Issues
After an Agreement of Purchase and Sale (APS) is signed and a deposit is paid it may be weeks or months before the scheduled completion date. In the case of new properties under construction, it could be years. During that time, the APS generally remains a binding...
by Harjot Atwal | Aug 10, 2021 | Featured, Legal Issues
As a lawyer, when advising buyers of pre-construction homes or condominium units just after they have signed an agreement, I always start off the consultation by saying the same thing. These Agreements Of Purchase And Sale (APS) are very one-sided in the builder’s...
by Shaneka Shaw Taylor | Aug 3, 2021 | Featured, Legal Issues
When entering into an Agreement of Purchase and Sale (APS) for a property, buyers and sellers must remain cognizant of the precise language used and conditions they need to follow for an offer to be binding. If they neglect to do so, they run the risk of seeing their...
by James R.G. Cook | Jul 16, 2021 | Featured, Legal Issues
Sales of new condominiums and townhouses may sometimes allow a buyer to move into a unit on an “interim occupancy date”, which may be several months before the purchase is scheduled to be finally completed. In such cases, buyers may have to pay interest on the unpaid...
