What Happens if the Seller Wants to Back Out of the Sale?

A close-up image of a person filling out a white form on a desk. The individual is using a pen to complete the document, suggesting a formal process such as signing legal papers, contracts, or real estate documents. The background is softly blurred, focusing attention on the act of writing.

#NickAnswersReddit: This week, Nick tackles an uncommon but stressful real estate scenario: what happens if a Seller wants to back out of a sale? Whether you’re buying or selling, understanding the legal implications and possible next steps is essential. Nick explains the process, your options, and how to protect yourself from financial fallout.

Understanding the Implications of Unpermitted Renovations in Ontario Homes

#NickAnswersReddit: A prospective homebuyer in Ontario is concerned about unpermitted structural modifications in a property built in 1995. Nick provides insights into assessing such changes, the importance of professional evaluations, and the role of title insurance in mitigating potential risks.