Couple ordered to pay over $169,000 after backing out of real estate deal
An Ontario Superior Court judge has ordered a couple to pay more than $169,000 in damages after they failed to…
Category: Real Estate
Real estate broker fined $12,000 for helping client circumvent existing contract with another brokerage
The Real Estate Council of Ontario has issued a penalty against a real estate broker following a formal discipline process…
Real estate broker Johnny Wu fined $32,000 for under-reporting commercial property sale price
The Real Estate Council of Ontario has released a discipline decision involving Chien-Ting Wu, a real estate professional also known…
Buyer who backed out of $1.8M Hamilton farm deal forfeits $250,000 deposit, Ontario court rules
An Ontario Superior Court judge has ordered a buyer who backed out of a real estate deal to forfeit a…
Toronto property owner ordered to pay over $165,000 after mortgage default and power of sale
TORONTO – Mortgage default cases have become more common in Ontario and, in yet another example, the Ontario Superior Court…
Court upholds new hotel tax by-law in Niagara Falls; dismisses legal challenge from hotel association
An Ontario Superior Court judge has dismissed a legal challenge brought by the Niagara Falls Canada Hotel Association (NFCHA) against…
Court lifts 7-year legal hold on Toronto condo, citing ‘misleading’ evidence in fraud case
An Ontario Superior Court judge has ordered the removal of a certificate of pending litigation that for nearly eight years…
Home buyers ordered to pay over $200,000 after backing out of deal due to wet basement
An Ontario Superior Court judge has ordered a home buyer to pay more than $200,000 in damages for breaching a…
Court blocks lender from adding extra legal fees after mortgage settlement finalized
An Ontario Superior Court judge has ruled that a lender, having settled a mortgage enforcement action through a consent judgment…
Real estate agent, Valmont Ernest Chouinard, fined $25,000 after buyer left with dry taps and missing deeded lake access
A real estate transaction in Chelmsford, Ontario, has resulted in a significant financial penalty for a salesperson after a buyer…