Buyer’s Agent Failure to Advise of Amendment in Counter-Offer #362

Legally Speaking

By Gerry NeelyB.A., LL.B An Ontario buyer’s agent, who submitted an offer to the seller’s agent, discovered the importance of carefully examining the seller’s counter-offer for amendments the hard way, at a personal cost of $50,000. The offer was subject to an inspection and to the “obtaining of a report satisfactory to the purchaser.” This

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