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Buyer’s dispute with neighbour sinks $950K waterfront deal

Summary by REM | Real Estate Magazine
Stock photo (Canva)   QUICK HITS A buyer agreed to purchase a marina property but refused to close when a condominium neighbour registered a notice claiming parking rights, creating a title defect.  The Ontario Superior Court found the seller was not responsible for the issue, as the buyer’s own actions escalated the dispute, and the seller had properly invoked an annulment clause allowing termination. As a result, the buyer’s lawsuit for speci…
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REM | Real Estate Magazine broke the news in on Tuesday, April 29, 2025.
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