by James R.G. Cook | Nov 22, 2024 | Legal Issues
Cases arising from failed residential real estate transactions in a falling market reaffirm that buyers who breach purchase agreements may face significant financial repercussions. Often, buyers argue that sellers have failed to mitigate losses by not re-listing the...
by Donald Lapowich | Sep 24, 2015 | Legal Issues
Here is another case involving Ontario’s Seller Property Information Statement. It was heard recently in the Ontario Court of Appeal. It involved an Agreement of Purchase and Sale (with “an entire agreement clause”). The clause read: “(The Agreement of Purchase and...