Consequences of Seller's "Representations"
In the recent Court case of Beatty v. Wei, 2017 ONSC 3478, the Buyer and the Seller had entered into an Agreement of Purchase and Sale in May, 2016. The Sellers had owned the Property since 2009. In the APS the Sellers Represented and Warranted that to the best of the Seller’s knowledge and belief, the use of the property and the buildings and structures thereon had never been for the growth or manufacture of illegal substances. Before Closing, the Buyer discovered, as verif