In Ontario, the law heavily favours the seller when a buyer walks away. It is a well-established legal principle that if a purchaser repudiates the agreement and fails to close the transaction, the deposit is forfeited.
In Ontario, the law heavily favours the seller when a buyer walks away. It is a well-established legal principle that if a purchaser repudiates the agreement and fails to close the transaction, the deposit is forfeited.
Case reference: Pordell v. Crowther Estate 2020 ONSC 1635
Case reference: Matthew Brady Self Storage Corporation v. InStorage Limited Partnership et al., 2014 ONCA 858
Case reference: L-Jalco Holdings Inc. v. MacPherson 2017 ONSC 4055
Case reference: Harland v. Fancsali, 13 O.R. (3d) 103 [1993] O.J. No. 961
Case reference: Freedman v. Cooper, 2015 ONSC 1373
Case reference: Chopra v. Vincent, 2015 ONSC 3203, Superior Court of Justice, Dunphy J. May 20, 2015
Case reference: 2123201 Ontario Inc. v. Israel Estate, 2016 ONCA 409
Case reference: 2336574 Ontario Inc. v. 1559586 Ontario Inc., 2016 ONSC 2467
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