This is an appeal of a summary judgment order for specific performance of an agreement of purchase and sale (APS) of a cottage property.
The sellers (appellants) asserted the APS had terminated, refusing to close.
The buyers (respondents) sued and obtained specific performance.
The appellants argued the APS terminated on November 5, 2020, due to a consent to sever condition, or on December 22, 2020, due to a "finality clause" and Planning Act non-compliance.
The Court of Appeal dismissed the appeal, affirming the motion judge's findings that the severance condition was satisfied or waived by the sellers' lawyer's representations and the sellers' subsequent conduct.
The court also upheld that the sellers could not rely on the "finality clause" as they were in breach of their obligation to diligently obtain necessary consents under the Planning Act.
The transaction had already closed, and the property transferred to the buyers.