by Peace Penzi | Apr 15, 2025 | Legal Issues
In our previous coverage of Naeem v. Bowmanville Lakebreeze West Village Ltd., we explored the rare judicial path to recovering a deposit after failing to close on a real estate transaction. A recent decision from the Ontario Court of Appeal affirms that...
by Donald Lapowich | Feb 26, 2015 | Featured, Legal Issues
In a case heard in the Court of Appeal for British Columbia, the seller and purchaser entered into a standard form contract of purchase and sale for residential property in an amount just over $2 million. The buyer made a deposit of $100,000 but failed to complete the...