The current situation with COVID-19 has led to daily changes in the way we live our lives and conduct our business…
Posts tagged with “Collapsed Sale”
Legally Speaking
Collapsing Deals: A Refresher on the Common Law Principles #524
Legally Speaking
Collapsed Sale — Remarketing and Reasonable Mitigation #440
The falling market of 2008 saw a number of buyers refusing or unable to complete their purchases and sellers were often electing to terminate their contracts, relist and sell their property…
Legally Speaking
Purchaser's Knowledge of When Approval of Financing Given; Criminal Rate of Interest; Is an Application to Discharge a Mortgage Sufficient Evidence of Clear Title? #194
What are the legal consequences for a purchaser whose Contract of Purchase and Sale was subject to raising a mortgage by October 19, 1990, when the purchasers were not made aware that the mortgage…
Legally Speaking
Defaulting Purchaser Regains Deposit #164
The advantages to a vendor of the use of the Norfolk v. Aikens addendum to the standard form contract {Column 155) is apparent from a decision delivered October 24th, 1990, which allowed a defaulting purchaser…
Legally Speaking
Negligent Preparation of an Offer – Liability of Licensee for Damages #111
A month later Adam and Nester were back in Noel’s office, this time with a letter from the vendor’s lawyer. The letter contained a consent…
