by milad@pruve.ca | Aug 26, 2024 | Real Estate
When a borrower (the “mortgagor”) defaults on a mortgage, the lender (the “mortgagee”) has several rights and remedies available. In Ontario, one of the most common remedies is the power of sale. What is a Power of Sale? A power of sale allows...
by milad@pruve.ca | May 31, 2024 | Real Estate
The Ontario Court of Appeal recently held that the Ontario New Home Warranties Plan Act does not preclude home buyers from taking legal action against builders for breaches beyond the statutory warranties provided by the Act. This landmark decision has significant...