You have worked hard for years to save up enough money to buy
your dream home.
You find a property that meets all your requirements; it is a
beautiful home, set in a bucolic neighbourhood, close to your
family and friends, you think it is safe, secure, and it has not
presented any obvious defects.
But when you move into your dream home, you find that all is not
well. The house has major problems that the seller did not disclose
to you, and no reasonable inquiries from you could have uncovered
these issues.
What are your options?
The Un-Royal Treatment of the Crypto King
A recent case from the Ontario Superior Court of Justice, while
dealing with a strange and unique case, reconfirmed the law on
setting aside an Agreement of Purchase and Sale where the seller
has made a fraudulent misrepresentation, or where there is a latent
defect in the property.
