Deposit refund claim dismissed; vendor's actions did not constitute a fundamental breach of the purchase agreement.
The appellant sought a refund of a $100,000 deposit paid for a new home, arguing the vendor fundamentally breached the agreement of purchase and sale by obstructing her assignment rights, providing substandard finishes, and issuing a notice of anticipatory breach.
The Licence Appeal Tribunal found that the vendor did not obstruct the assignment, the alleged defects were material rather than fundamental breaches, and the anticipatory breach notice did not deprive the appellant of the whole benefit of the contract.
The appeal was dismissed, and the appellant was not entitled to payment from the guarantee fund.
OLATOntario Licence Appeal TribunalOct 29, 2025