Deco Homes (Richmond Hill) Inc. v. Serikov
| Jurisdiction | Ontario |
| Court | Superior Court of Justice of Ontario (Canada) |
| Judge | PERELL, J. |
| Neutral Citation | 2021 ONSC 2079 |
| Citation | 2021 ONSC 2079 |
| Date | 19 March 2021 |
| Docket Number | CV-19-00620260 |
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6 practice notes
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Arista Homes (Kleinburg) Inc. v. Griu
...to mitigate does not go that far. [35]        See also: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079, at para. 11: Bang v. Sebastian, 2019 ONCA 501, at para. 5; Malatinszky v. Miri, 2020 ONSC 16, at para. 83; Dantonbury Developments Inc. v Li......
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Buyers' Liability To Sellers In Aborted Real Estate Closings
...couldn't complete the purchase after entering into a binding Agreement of Purchase and Sale: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079 The defendant buyer had agreed to purchase a property in the Town of Richmond Hill from the plaintiff for $1,248,380. Deposits were duly pa......
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Buyers' Liability To Sellers In Aborted Real Estate Closings - Part 1
...couldn't complete the purchase after entering into a binding Agreement of Purchase and Sale: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079 The defendant buyer had agreed to purchase a property in the Town of Richmond Hill from the plaintiff for $1,248,380. Deposits were duly pa......
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James D. Taylor Holdings Ltd v WJ Groundwater Canada Ltd
...taken certain reasonable mitigating steps, then the innocent party's losses would be lower. Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079, at para. 41 In the present case, the Plaintiffs calculate their damages as follows: Difference between APS and re-sale price: $900,000 Prop......
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3 cases
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Arista Homes (Kleinburg) Inc. v. Griu
...to mitigate does not go that far. [35]        See also: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079, at para. 11: Bang v. Sebastian, 2019 ONCA 501, at para. 5; Malatinszky v. Miri, 2020 ONSC 16, at para. 83; Dantonbury Developments Inc. v Li......
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Vista Sudbury Hotels Inc. v. The Oshawa Group Limited.
...the Court is concerned with the reasonableness of those efforts. As noted by Perell J. in Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079, at para. 9: “In assessing the innocent party's efforts at mitigation, the courts are tolerant, and the innocent party need only be reasonable......
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Tabrizi v. Majesty Development Group Inc.
...is to “take reasonable steps” to minimize the loss. As Perell J. wrote in Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079, [2021] O.J. No. 1434, at para. 9: “In assessing the innocent party’s efforts at mitigation, the courts are tolerant, and the inno......
2 firm's commentaries
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Buyers' Liability To Sellers In Aborted Real Estate Closings
...couldn't complete the purchase after entering into a binding Agreement of Purchase and Sale: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079 The defendant buyer had agreed to purchase a property in the Town of Richmond Hill from the plaintiff for $1,248,380. Deposits were duly pa......
-
Buyers' Liability To Sellers In Aborted Real Estate Closings - Part 1
...couldn't complete the purchase after entering into a binding Agreement of Purchase and Sale: Deco Homes (Richmond Hill) Inc. v. Serikov, 2021 ONSC 2079 The defendant buyer had agreed to purchase a property in the Town of Richmond Hill from the plaintiff for $1,248,380. Deposits were duly pa......