What do you do when the other side has made it clear that they will not be able to close a real estate deal? What if there are certain obligations that the other party has not or will not fulfill as part of the deal? It is at this point [...]
You have agreed to purchase a home, or perhaps you are the seller. What happens if something that was agreed to in the contract is not being honoured by the other party? What are your options? Do you have to close and complete the deal? These are some of the [...]
Throughout the thousands of real estate transactions I have worked on, there have been several situations where the lawyer representing the other side of the deal had engaged in poor legal practices, resulting in their client's exposure to undue risk. Too many of these mistakes were avoidable had the lawyer [...]
In this current age of new digital media, confidentiality is paramount when engaging in financial transactions. There are no longer guarantees of security, only perceived security can truly be obtained. That said, when dealing with a lawyer, one should expect that the information they share is kept secret and tightly secured [...]
Perhaps one of the most significant indicators of a fraudulent mortgage transaction is when lawyers acting for borrowers receive a direction to pay mortgage proceeds to unrelated third parties. Lawyers have professional obligations under the Rules of Professional Conduct not to assist their clients in committing fraud, and this was illustrated in the case of Nodel [...]