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Simon R. Coval

Real Estate

Vancouver

Seller Remedies in a Collapsing Deal

Real Estate Deals: Making Them and Breaking Them in Challenging Times, Continuing Legal Education Society of British Columbia

June 2009

Click here to view the paper in PDF format.

The serious downturn in our real estate market has brought legal issues to the forefront which for the past 15 years or so emerged in only a small minority of cases: can the buyer rescind, is the deposit forfeit, and can the seller claim additional damages.

This paper endeavours to identify the key legal issues for a seller facing a buyer who has collapsed the deal.

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