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contract of purchase and sale

By Occasional Contributors | 4 Minutes Read April 23, 2020

COVID-19 issues: Frustration, subject-to clauses and contracts of purchase and sale

COVID-19 has resulted in a number of issues which put the performance of purchase contracts for real property at risk. Some of the more obvious concerns include reduced cashflows, layoffs, economic slow down, dropping housing prices and general inability to conduct business in ordinary fashion.

Article by Occasional Contributors / Business, Finance and Accounting / contract of purchase and sale, COVID-19, frustration of contract, real estate

By Occasional Contributors | 3 Minutes Read July 9, 2019

Assignment of a contract of purchase and sale: Get it in writing

In the recent case of Guraya v Kaila, 2019 BCSC 101 (CanLII), the Plaintiff’s sought to enforce a verbal assignment of a contract of purchase and sale in the face of vendors refusing to complete with the assignee purchasers.

Article by Occasional Contributors / Business, Finance and Accounting / contract, contract for purchase and sale, contract of purchase and sale, contractual obligations, Law and Equity ACt, written contract

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