February 22, 2019

A VERY INTERESTING CASE HEADING TO TRIAL

Karami v. Kovari 2019

Buyer's bring a Motion for Summary Judgement (seeking a ruling without trial)

Summary of facts:

Real Estate transaction fails to close on November 2nd, 2017. Buyer sues for the return of his $150,000 deposit. S...

February 22, 2019

INTERESTING CASE:
Fenlon v Newton, 2019 CanLII 10130 (ON SCSM)

SUMMARY:
1) Buyer seeking damages of $11,618.25 plus for:
a. breach of contract;
b. negligent misrepresentation

2) Parties entered into an Agreement of purchase and sale during the “hot” real estate market an...

February 22, 2019

Very Interesting Case:
Mohsin v. Empire Communities (Mount Pleasant) Ltd. 2019 ONSC 852

SUMMARY:
In 2015, Purchaser signs an agreement to purchase a property and a house to be built on it. After the house was constructed, the transaction did not close – Buyer sues for t...

February 22, 2019

Ontario Taking Action to Transforming Tarion Warranty Corporation’s Broken System to Protect Ontario Families

The province is transforming Tarion Warranty Corporation and implementing initiatives to better protect purchasers of CANCELLED pre-construction condominium pro...

February 22, 2019

INTERESTING CASE: Zou v. Sanyal, 2019 ONSC 738

SUMMARY: sellers pursue the purchasers for declaratory relief and damages arising from the alleged breach of the Agreement of Purchase & sale caused by the Buyer's failure to close.

INTERESTING POINTS & OUTCOMES:
1) On closi...

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