Grandfield Homes (Kenton) Ltd. v. Li,
| Jurisdiction | Ontario |
| Judge | PINTO J. |
| Citation | 2021 ONSC 2670 |
| Docket Number | CV-19-619098 CV-20-636929 |
| Court | Superior Court of Justice of Ontario (Canada) |
| Date | 09 April 2021 |
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5 practice notes
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Sunstar Ventures Ltd. v. Conexus Credit Union 2006,
...The test for equitable relief from forfeiture was recently summarized by Justice Pinto in Grandfield Homes (Kenton) Ltd. v. Li, 2021 ONSC 2670 at para. 56. It is a two-part test. Firstly, whether the forfeited deposit was out of all proportion to the damages suffered; and secondly, whether ......
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Country Wide Homes Upper Thornhill Estates Inc. v Liu,
...sufficed to counter his defense of non-comprehension of the terms of the agreement. Similarly, in Grandfield Homes (Kenton) Ltd. v. Li, 2021 ONSC 2670, the Court held that the buyer was sophisticated and experienced in the real estate market. He had previously purchased several properties b......
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Buyers' Liability To Sellers In Aborted Real Estate Transactions - Part 2
...while unfortunate, is not a basis to withdraw from a binding contract to purchase a property. In Grandfield Homes (Kenton) Ltd. v. Li, 2021 ONSC 2670 (CanLII), the buyer entered into an APS in May 2017 to buy a new construction five-bedroom freehold luxury home in Toronto for $3,290,708. Th......
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Laflamme v. Meikle,
...(2004), 73 O.R. (3d) 721 (C.A.). [6] Collins, at para. 5. [7] 2018 ONSC 7682, aff’d 2019 ONCA 706. [8] Lin, at paras. 30-31. [9] 2021 ONSC 2670. [10] (2020), 153 O.R. (3d) 210 (C.A.), 2020 ONCA [11] 2017 ONCA 282. [9]