October 2023

Legal Implications When Backing Out

Posted on Oct 08, 2023


Legal Implications When You Back Out of a Real Estate Transaction

As house prices in the GTA reached record highs, the real estate market has been under stress and scrutiny due to a combination of new federal stress tests, mortgage qualification criteria, foreign homebuyer’s tax, and rising interest rates. As a result, there has been a noticeably hi...

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