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RECENT LEGAL ARTICLES
Shareholder Disputes in Ontario: What Every Business Owner Should Know
For many entrepreneurs, starting a business with a family member, friend, or business partner is an exciting opportunity. At the outset, everyone shares a common goal of growing the business and achieving long-term success. However, as the business evolves, disagreements can arise over management, finances, ownership, or the future direction of the corporation. When these…
Real Estate Deposit Disputes in Ontario: Who Gets the Deposit When a Deal Falls Apart?
When a real estate transaction collapses, both sides often focus immediately on the deposit. The seller may believe the deposit should be forfeited because the buyer did not close. The buyer may insist on its return because a condition was not satisfied or the seller could not complete the transaction. The brokerage, if involved in…
What Happens When a Buyer Fails to Close a Real Estate Deal in Ontario?
A firm closing date is not a suggestion. Once an Agreement of Purchase and Sale becomes binding and all conditions have been satisfied or waived, both the buyer and seller are generally expected to complete the transaction. If the buyer does not close, the legal consequences can be significant. What happens next depends on the…
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Minhas Lawyers Professional Corporation is a multi-practice law firm based in Mississauga. We advise and represent clients across various segments and practice areas.
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