The plaintiffs sought summary judgment for damages and release of a deposit following a failed real estate transaction, while the defendant counterclaimed for the deposit's return.
The transaction failed because the defendant discovered undisclosed TransCanada Pipeline (TCPL) easements, including one under the pool and cabana, which allowed TCPL to demand their removal and was subject to ongoing litigation.
The court found that the plaintiffs failed to disclose material information regarding the easements and related litigation, which materially affected the property's use and violated the Agreement of Purchase and Sale's title provisions.
Summary judgment was granted in favour of the defendant, ordering the return of the deposit.