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 | Nov 7, 2024 | Columnists, Legal Issues
QUICK HITS In Langen v. Sharma, buyers who agreed to purchase a $2.9-million home later discovered discrepancies in the listing’s tax and square footage information, affecting their financing. They requested a price reduction and an extension, which the sellers...
by James R.G. Cook | Oct 24, 2023 | Legal Issues
Co-authored by Christina Tassopoulos QUICK HITS When a property is owned by 2+ people, one owner might want to sell it against the wishes of the others. Under Ontario’s Partition Act, this is typically allowed. Stothers vs Kazeks is one of the rare...
by James R.G. Cook | Oct 13, 2023 | Legal Issues
QUICK HITS In the case of 1000249084 Ontario Inc. v. Andazesgishahr, the Ontario Superior Court of Justice dealt with a property dispute involving co-owners and a mortgage lender; the co-owners had an agreement preventing the sale of the property without mutual...
by James R.G. Cook | Sep 29, 2023 | Legal Issues
QUICK HITS In a collapsing real estate market, buyers who fail to complete a purchase can face substantial liability exceeding their deposit; the case of Switzer v. Petrie arose from a failed real estate transaction in Ontario in July 2022. The buyers backed out due...
