Real Estate Transactions
For real estate commerce to thrive, there must be certainty and finality in the purchase and sale of land. Caveat emptor, or buyer beware, has been the legal doctrine applied for centuries to achieve this goal. The basic tenet is that the onus is on the purchaser to...
Real Estate Transactions
You have read in my previous columns about the duty of a vendor to disclose a latent or hidden defect in a home which a potential purchaser may not see but which the vendor knows about. What about defects in neighbourhoods? If you live in Walkerton and the purchaser...
Real Estate Transactions
Buying waterfront property can have its uncertainties. You may see a property prior to signing an agreement of purchase and sale with the vendor. You like what you see and expect that is what you will be conveyed on closing. However, before closing, there is a problem...
Real Estate Transactions
Vendors and purchasers of rural property in the County of Haliburton should be careful when they deal with representations (warranties) in their agreements of purchase and sale about the working condition of septic systems, or they may end up in court. A common...
Real Estate Transactions
It is common practice in the County of Haliburton for a purchaser of cottage property to hire a home inspector to inspect the cottage as a condition of the agreement of purchase and sale. If the home inspection report is not satisfactory to the purchaser, the...
