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...
by James R.G. Cook | Jan 26, 2024 | Legal Issues
QUICK HITS The Pennys built a home and lived in it without issue for four years. Their new neighbours got their property surveyed and found most of the Pennys’ garage and a corner of the house extended onto their property. With the neighbours not expecting to use the...
by James R.G. Cook | Dec 12, 2023 | Legal Issues
QUICK HITS An Ontario joint title holder sought a court order to sell a property registered in her name and her former sister-in-law’s. When respondent separated from her spouse and three mortgage payments were taken from the applicant’s account, the applicant first...
by James R.G. Cook | Sep 13, 2023 | Legal Issues
QUICK HITS In Stanley v. Grech, a real estate agent’s alleged professional negligence was examined. The plaintiff purchased a strata lot in Vancouver with the intention of redeveloping it. The agent failed to recommend legal advice, leading to disputes over...
by James R.G. Cook | Sep 6, 2023 | Legal Issues
QUICK HITS In the case of More v. 1362279 Ontario Ltd. (Seiko Homes), a real estate dispute highlighted the importance of understanding closing deadlines in property transactions. When the APS lacks a specified time for closing, midnight is often assumed, but...
