by James R.G. Cook | Feb 27, 2025 | Columnists, Legal Issues
QUICK HITS A buyer who failed to close on a Burlington property due to lack of funds attempted to rely on legal defences of force majeure and frustration, citing difficulties accessing inherited money from Afghanistan and a failed sale of another property. The...
by James R.G. Cook | Dec 19, 2024 | Legal Issues
QUICK HITS When the buyers of a $937,400 home backed out of the deal, they claimed the contract was void because deadlines had been missed. The court found that their actions—like paying deposits and not cancelling the agreement earlier—showed they intended to...
by James R.G. Cook | Oct 29, 2024 | Columnists, Legal Issues
QUICK HITS A Realtor misrepresented the location of a new-build property to buyers, leading them to believe it was in Brampton when it was actually in Caledon, three kilometres away. After discovering the mistake, the buyers sued, and the Ontario Court of...
by Noor Gill | Oct 25, 2024 | Advice for Agents, Guest Columns
The term “assignment” may be unfamiliar to industry newcomers. In real estate transactions, an assignment refers to the arrangement where the original buyer of a property, known as the “assignor,” transfers their rights and obligations under...
by Chris Chopik | Jun 28, 2024 | Advice for Agents, News
While in attendance at the Wildfire Resiliency and Training Summit in Prince George, British Columbia, I learned a lot about the incredible people who protect our communities from wildfire risk and the barriers to wildfire protection of homes in at-risk areas. By all...
