By Gerry NeelyB.A., LL.B. A vendor, who accepted a conditional offer to purchase and then accepts a backup offer, limits his right to renegotiate the terms of the first contract. The first contract was with an individual purchaser from whom the vendor agreed to take back a mortgage for part of the sale price. The …
By Gerry NeelyB.A., LL.B. The benefit of the Property Condition Disclosure Statement in avoiding or minimizing a licensees liability is illustrated by a case in which the vendors tried to shift, to a licensee, their liability for a fraudulent misrepresentation made to a purchaser. The representation concerned a roof that was four years old, made …
The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.
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