The Competition bureau is filing an appeal in a recently lost case against TREB (Toronto Real Estate Board). The Bureau accused the country’s largest real estate board of anti-competitive practices.
You’re renting, but a house just came up for sale in your neighbourhood near the park that you love and you really, really want to make an offer.
The Competition Bureau has lost its nationally renowned case to attempt to force the Toronto Real Estate Board (TREB) to make it easy for web-based real estate brokerages to compete.
When a transaction does not close as a result of a Vendor’s or a Purchaser’s actions, what are the remedies for the innocent parties and what are the consequences for the guilty parties?