Question
You are looking to buy a home in Richmond, B.C, for $1.2 Million with a closing date of November 1, 2019. Today is October 29,
You are looking to buy a home in Richmond, B.C, for $1.2 Million with a closing date of November 1, 2019. Today is October 29, 2019. The seller has indicated to you that they are not willing the close the deal on November 1, 2019. The contract of purchase and sale for the home is legally enforceable and does not have any conditions for the home to close. What are your two options given the seller's indication of not willing to close on November 1, 2019? Also, are there any risks to either option. (Hint - this example was discussed in the last lecture)
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