One of the most common questions that clients have with regard to a real estate Agreement of Purchase and Sale pertain to what household items can be categorized as either a chattel or a fixture. Read this article to understand how to define these two items within the Agreement of Purchase and Sale.
What can happen when a home buyer defaults on their offer
We have heard countless horror stories of home buyers backing out of a purchase after the Agreement of Purchase & Sale has been signed. With the real estate market in its current state, this could be due to any number of reasons. The Ontario courts are now creating precedents and making examples of those who unable to fulfill their end of the contact