by Jordana Springgay | Nov 18, 2024 | Legal Issues
Sunshine Coast, B.C. (Canva) QUICK HITS Two B.C. Realtors were fined over $200,000 for failing to disclose key restrictions in a 2017 waterfront property sale on the Sunshine Coast. Acting as dual agents, they marketed the cabin as “legal...
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 James R.G. Cook | Aug 22, 2024 | Legal Issues
QUICK HITS Anticipatory breach risk: Buyers requesting changes to a purchase agreement, such as a reduced price, may be seen as committing an “anticipatory breach,” allowing sellers to back out and even sue for damages. Court sides with sellers: A...
by James R.G. Cook | Jul 30, 2024 | Legal Issues
QUICK HITS In 2016, water pooling along a property line, traced back to a neighbour’s sump pump, contained harmful bacteria like E. coli. The neighbour failed to fix it due to financial constraints and lack of insurance. The Ontario Superior Court of Justice...
by James R.G. Cook | Mar 27, 2024 | Legal Issues
QUICK HITS JKSD made two loans to Jaymor – $250,000 and $125,000. Security was personal guarantee of Jaymor’s principal or a fourth mortgage’s registration against property. Jaymor defaulted on both loans. No fourth mortgage was registered on property, partly...