Tags Posts tagged with "Agreement of Purchase and Sale"

Agreement of Purchase and Sale

3

In cases where the failure to close the transaction was due to the buyer being unable to secure financing because their bank/financial institution refused to fund, this proved a lot trickier for those transactions.

5

The interpretation of a “standard” clause by the court is always a coin toss. This is especially true as it relates to interpreting representations and warranties, as the decision in Beatty v Wei highlights.

9

Determining the residency status of the seller should be completed well before the closing date and should go beyond a simple conversation.

3

At its essence, an assignment of an Agreement of Purchase and Sale – informally known as "flipping a home" – is a simple concept. What is the benefit to the new buyer? There can be several.