Legally Speaking Human Rights Code Complaint Against Licensee by Another Licensee; Minor Defect in Comparison With Larger Contract Benefit Didn’t Justify Repudiation #401

“Don’t shoot the messenger”—this must have been the reaction of a licensee against whom two complaints of discrimination under the Human Rights Code were made by another licensee…

Legally Speaking Mortgage Interest – Claim for Damages Rejected Despite Buyer’s Default #295

The evidence of Ms. Lederman is compelling as to the importance of exposure to the widest possible market through the MLS®. It presents a simple, economical, and effective method…

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 Interest – The Criminal Illegal Rate #151

In times like these we might feel that high interest rates are a crime, but they don’t become a crime under the Criminal Code of Canada until the effective annual rate exceeds 60%…

Legally Speaking Agreements for Sale #68

A recent amendment to the Law and Equity Act may mean that the time-honoured method of selling property by way of an agreement for sale (right to purchase) may cease…

Legally Speaking A Vendor May Stipulate a Higher Rate of Interest Apply if Default Occurs on the Part of the Purchaser #7

Occasionally, a vendor who has agreed to carry part of the sale price on a mortgage, agrees to take a lower rate of interest than the current rate, because the remaining terms of the sale justify that decision…