Real Estate Disputes: What To Do When Deals Fall Apart

I recently sat down with litigation lawyer, Dan Chitiz to talk about the messy side of real estate—disputes, contracts gone wrong, and what to do when deals fall apart. With rising interest rates and tough market conditions, more buyers and investors are finding themselves in hot water.

Dan shares practical advice for navigating these challenges, including tips on protecting yourself in joint ventures, avoiding hidden fees in private mortgages, and resolving disputes efficiently through arbitration. If you’re investing in real estate or even just thinking about it, you don’t want to miss this!

As always, my goal is to keep you informed. Let’s dive into the insights, and don’t forget to share your thoughts in the comments!

Connect with Dan here: https://cpllp.com/author/danc/

PS: Will you be paying more taxes next year due to the new laws imposed by the Federal Government and CRA? Attend my FREE live webinar on the income tax updates, December 3rd, at 8 PM EST to find out! Register now: https://www.therealestateaccountants.ca/update-yt

Key Moments In This Episode
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00:00 Introduction
02:31 Buyer Challenges & Interest Rates
05:02 Options When Deals Fall Through
07:27 Good Faith in Agreements
09:58 Importance of Written Agreements
12:23 Joint Ventures & Agreements
14:47 Arbitration for Disputes
17:06 Efficiency of Arbitration
19:05 Private Mortgages & Due Diligence
21:08 Hidden Costs in Mortgages
23:09 Understanding Mortgage Fees


If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.

Don’t forget to subscribe to my channel for more videos on Canadian real estate and tax-saving strategies so you don’t miss a thing!

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Please make sure to speak to a professional that knows your personal situation before making a decision.

If you need to talk to someone on my team, email us at admin@cccpa.ca.

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⭐Cherry’s Best Real Estate Tax Tips ⭐
➡️Short-Term Rental Tax Trap: How to Protect Your GST/HST Exemption When Leasing Property: https://youtu.be/vyK-9EzyR_0
➡️Should Small Business Owners Continue to Invest Through Their Corporations?: https://youtu.be/qT91UWAAhZQ
➡️Mortgage Updates You Need to Know: https://youtu.be/-akA_Sk8cMg
➡️The Untold Truth About Housing Costs You Need to Know With Ottawa Home Builder Associationhttps://youtu.be/qMi0Zj78FT4
➡️New CRA Trust Reporting Rules: https://youtu.be/_HOybIl6SDk
➡️How We Diversified Our Portfolio: Buying Our First U.S. Property: https://youtu.be/L05bWl3Z9Zc


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DISCLAIMER:

Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice.
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