November 27, 2017

B.C. judge orders homebuyer who balked at foreign buyer tax to give up $180,000 deposit

In the recent case of Wilke v. Jeong, 2017 BCSC 2131, we helped our client win one of the first breach of contract cases relating to the failure to complete a sale after the foreign buyer tax went into effect. Bryan Baynham, QC represented the Plaintiff. B.C. Supreme Court Justice Lisa Warren found that a woman who had agreed to purchase a home in North Vancouver but failed to complete the sale after the foreign buyer tax went into effect had breached her contract. Learn more about the case here. If you have any questions about this case or about the foreign buyer tax contact Bryan Baynham Q.C. here.