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Welcome to 8851 Scotchbrook Road Richmond BC V6Y 2M2

Michael Cowling Published on: 17/10/2026

Executive living in Richmond's Broadmoor! Impeccably updated 4,200 sq ft home on a sunny 66'x120' west-facing lot. Features 5 beds, 4 baths, high-end kitchen, luxury finishes, smart tech, soaring ceilings & grand rooms. Move-in ready perfection!

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What Happens When a Buyer Backs Out of a Real Estate Deal?

What Happens When a Buyer Backs Out of a Real Estate Deal?

Michael Cowling
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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