What Happens When a Buyer Backs Out of a Real Estate Deal?
Published on: 06/11/2025
Can a buyer back out of an accepted real estate offer in Canada? This guide explains the serious legal and financial consequences, including forfeiture of deposit and potential lawsuits. Learn how conditional offers, cooling-off periods, and misrepresentation can provide legal exits, and what sellers risk if they breach a contract. Protect your real estate transaction with essential insights.
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