Materiality ~ The Fundamental Principles

The issue of “materiality was recently considered by the Supreme Court of Canada in Sharbern Holding Inc. v. Vancouver Airport Centre Ltd. (2011). The important aspects of the test for materiality …

Can You Switch out the Appliances?

Question The Agreement of Purchase and Sale, stated:  “All existing appliances including…” and then enumerated the various appliances. The sellers have changed out the stainless steel dishwasher for an older …

Holdback On Closing?

Question: I bought a condo and a day before the closing, I found out that the washing machine is not working. Can I request my lawyer to holdback funds, like …

Insurance Coverages Explained

When it comes to real estate there are several different types of insurance policies that are often discussed, and it is important to know the differences: • Property Insurance• Personal Property Insurance• Personal …