The plaintiffs, vendors of a property, moved for summary judgment against the defendants, purchasers, for breach of an Agreement of Purchase and Sale (APS).
The defendants failed to close the deal, citing an unfulfilled requisition regarding oil and gas leases on title.
The court found that the oil and gas leases did not go to the root of title, and therefore, the unfulfilled requisition did not provide a valid defence for the defendants' failure to close.
The court granted summary judgment on both liability and damages, finding that the plaintiffs had reasonably mitigated their losses by reselling the property.
Damages were assessed based on the difference in sale prices and other related expenses, excluding claims for personal time, mileage, and storage.