Good Deal Gone Bad
Fasken Martineau Real Estate Group Seminar
November 6, 2008
Hyatt Regency
Georgia Ballroom
655 Burrard Street
Vancouver, BC, Canada
Event participants:
James D. Piers, Ian Cassie, Allison MacInnis, Simon R. Coval, Kibben Jackson
The real estate market in British Columbia is softening. As a result, you may find yourself faced with a buyer or tenant in default or threatening to default. Perhaps you are a buyer or tenant looking to minimize your downstream risk of default. This panel discussion will provide you with legal and practical strategies for today's market.
Agenda items include:
Seller/Buyer
- What's Enforceable and What Isn't - Avoiding common pitfalls
- Escaping the Deal – Conditions precedent, closing conditions and rights of rescission
"Ready, Willing and Able" – What's involved and why it's important
- Remedies – Who gets the deposit, damages and specific performance
Landlord/Tenant
- "Bullet Proofing" the Offer and Lease
- Practical Considerations – Timing of possession, the midnight move
- Remedies - Distress, termination, guarantees and damages
- Strategies for Improving the Tenant's Position
Date: Thursday, November 6, 2008
Time: 7:30 am - 8:00 am l Breakfast and Registration
8:00 am - 9:30 am l Seminar
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