QUICK HITS: A real estate agent provided a rough estimate of property values to a client going through a separation, but the client later felt it was too low and sued the agent for negligence. The agent argued that the client received what she paid for and that the...
Prospective buyers of a condominium unit in Ontario have the right to obtain a status certificate that is supposed to provide them with essential information about the physical and financial situation of the condominium, including any outstanding or expected claims or...
QUICK HITS In CIBC v. Pena, the court had to determine whether the lender could take possession and sell a property that had been leased out to tenants by a borrower who had defaulted on a mortgage. The tenants opposed the lender’s application to sell the...
Ioannidis v. Ioannidis is a cautionary tale of siblings who owned an investment property without a written partnership or trust agreement. The dispute involved an income property in Kitchener, Ont., which was registered in the name of one brother (Steve), who held the...