by James R.G. Cook | Jul 28, 2025 | Columnists, Legal Issues
When a real estate deal in Bowmanville, Ont. fell apart, neither the buyer nor the sellers were ready to close on the extended date, and no one took formal steps to keep the deal alive. The court ruled that since key conditions like a lease weren’t met and both sides...
by REM Editorial Team | Jul 15, 2025 | Legal Issues, News
Competition Bureau Canada is warning landlords and property managers against working with competitors to set rental prices. “The Competition Bureau is aware that some landlords and property managers may be engaging with their competitors, including through discussion...
by James R.G. Cook | Mar 14, 2022 | Featured, Legal Issues
Cases arising out of the 2017 market correction in the Greater Toronto Area continue to result in decisions favouring innocent sellers and substantial damages awarded against defaulting buyers. In Rosehaven Homes v. Aluko, 2022 ONSC 1227 (CanLII), the buyers entered...
by James R.G. Cook | Jan 17, 2022 | Featured, Legal Issues
In some cases, sellers may wish to hedge their bets by accepting a conditional offer that contains a term allowing them to continue to market the property for sale until the deal is firm. Such terms are a matter of negotiation between the buyer and seller, but the...
by Avi Rosen | Dec 3, 2021 | Featured, Legal Issues
Here’s an article about how agents can avoid a mistake and a potential lawsuit when selling a property with a tenant. In October 2020, we had a married couple contact our office regarding their landlord terminating their tenancy. They had been living in their unit for...
