Focus on Real Estate - November 2012

In This Issue:

- 1 Case Comment: Southcott Estates Inc. v. Toronto Catholic District School Board

- 2 Why Landlords Should Think Twice Before Terminating

- 3 That’s Unreasonable! Where’s My Consent?

- 4 Emphytheusis and Transfer Duties: How Long Until We See Reform?

- 5 Recent Highlights for the National Real Estate Group at FMC

- 6 Contact Us

Excerpt from Case Comment: Southcott Estates Inc. v. Toronto Catholic District School Board:

On October 17, 2012, the Supreme Court of Canada released its decision in Southcott Estates Inc. v. Toronto Catholic District School Board (2012 SCC 51). This decision has significant implications on a purchaser’s duty to mitigate its losses when a transaction fails due to the vendor’s breach, particularly when the purchaser is a single purpose corporation...

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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