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Honesty and Good Faith ~ Bhasin

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)

This new case in the Supreme Courtb of Canada effects all contracts.

 

The law applies retroactively, so existing listing agreements aqnd existing buyer representation agreements are altered to the extent that they may not be in alignment with the new common law principle.

 

This is a serious matter going foward,

 

Courts will be applying the new good faith and honesty principles going forward.

Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA
“Being entirely honest with oneself is a good exercise.” – Sigmund Freud
But I don't think, it applies to courts and legal system.
Mar 15, 2015 07:12 PM