#8279052 - 07/06/15 09:14 PM
Re: Real estate law?
[Re: 87ZCSi]
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OracerO
Post Master Sr
Registered: 10/07/02
Posts: 3949
Loc: GTA
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There are a lot of variables involved.
Is this a private sale? did you go through an agent? Any conditions in the contract? Verbal offer accepted? or signed contract?
At the very least, you should get a lawyer.
Edited by OracerO (07/06/15 09:23 PM)
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#8279519 - 07/07/15 09:47 AM
Re: Real estate law?
[Re: loudsubz]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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they have a family member who isn't quite content with them selling oops
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#8279606 - 07/07/15 10:17 AM
Re: Real estate law?
[Re: loudsubz]
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c2k
Post Master Supreme
Registered: 05/21/00
Posts: 19291
Loc: Wiesloch-Walldorf, Germany
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Closing dates all on the same day lol
oh sheeeeit.
GOOD LUCK!
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#8279661 - 07/07/15 10:36 AM
Re: Real estate law?
[Re: c2k]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 106943
Loc: Barrie, Ont,
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Fucking people
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-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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#8279702 - 07/07/15 10:50 AM
Re: Real estate law?
[Re: 87ZCSi]
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loudsubz
Post Master Supreme
Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
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#8279772 - 07/07/15 11:14 AM
Re: Real estate law?
[Re: loudsubz]
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spd-dmn
Post Master
Registered: 11/24/04
Posts: 2271
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specific performance is the toughest to enforce
in this case though, the damages would be pretty fuckn high i would imagine, given how near it is to both closes
i would *think* that whatever dollar amount could be thought up, would still not be enough to cover the damages
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#8280386 - 07/07/15 04:37 PM
Re: Real estate law?
[Re: loudsubz]
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OracerO
Post Master Sr
Registered: 10/07/02
Posts: 3949
Loc: GTA
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And the seller is fine with paying for the agents fee?
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#8280501 - 07/07/15 05:49 PM
Re: Real estate law?
[Re: OracerO]
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spd-dmn
Post Master
Registered: 11/24/04
Posts: 2271
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agents fee, interest on the deposit, moving fees, property storage, hotel...
not much punitive damages to be had, but it would still take a lot of money to make OP whole again...
this is a shitty-as-fuck situation no matter which way you slice it
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#8281160 - 07/08/15 09:57 AM
Re: Real estate law?
[Re: loudsubz]
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Just A Troll
Curved Street Thug Life
Post Master
Registered: 09/24/09
Posts: 2221
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Went through an agent, offer was put in on 1 condition (home inspection) had that done and waived condition, signed paper, done.
Fast forward few weeks later and I guess they have a family member who isn't quite content with them selling and now wants them to cancel the sale and will re coup the cost of the agents etc. of course it's more complicated than that because we sold our place as well so were obligated to go through our sale as well.
We've contacted the lawyer and waiting to hear back.
I'd definitely sue for as much as possible.
People can't just back out of a sale just because "they don't like it". In Ontario we have laws which protect the buyer and allows them to back out. But as far as I know, unless there's cause, the sellers don't have that protection. I don't think the "I don't like it!", is just cause.
Just imagine a world were sellers could just back out of deals just because "we don't like it". That's crazy!
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#8281796 - 07/08/15 02:33 PM
Re: Real estate law?
[Re: Just A Troll]
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OracerO
Post Master Sr
Registered: 10/07/02
Posts: 3949
Loc: GTA
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Update?
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#8292046 - 07/16/15 08:34 AM
Re: Real estate law?
[Re: Screamin Type ARGH!]
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loudsubz
Post Master Supreme
Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
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#8292111 - 07/16/15 09:29 AM
Re: Real estate law?
[Re: loudsubz]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 106943
Loc: Barrie, Ont,
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I don't think we want every single detail, but I'm sure we'd all like to know what went down.
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-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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#8292170 - 07/16/15 09:56 AM
Re: Real estate law?
[Re: loudsubz]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 106943
Loc: Barrie, Ont,
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Well there ya go Congrats!
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-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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