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...

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