First Reference Talks

Discussions on Human Resources, Employment Law, Payroll and Internal Controls

real estate

By | 4 Minutes Read

Hengyun: A Quebec Court relieves a tenant of rent obligations for pandemic-related reasons, but what does the ruling actually mean?

On July 13, 2020, the Superior Court of Quebec rendered a decision in Hengyun International Investment Commerce Inc. v. 9368-7614 Québec Inc., 2020 QCCS 2251 in which it held that a tenant was relieved from its obligation to pay rent under its lease for a gym for the months of March, April, May and part of June 2020.

By | 4 Minutes Read

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.

By | 2 Minutes Read

Purchasers cannot walk away: British Columbia Court of Appeal confirms unpaid deposits must be paid

There has been some uncertainty about whether a purchaser who enters into a contract but fails to pay the deposit still forfeits the deposit for repudiating the contract. The British Columbia Court of Appeal recently answered that question in Argo Ventures Inc. v. Choi, 2020 BCCA 17.

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