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SCC Ruling: What's it mean for agents?

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SuzieStanford | 18 Feb 2015, 04:48 PM Agree 0
Superior Court of Canada Justice Thomas Cromwell said the following in his ruling on Bhasin v. Hrynew

“In my view, it is time to take two incremental steps in order to make the common law less unsettled and piecemeal, more coherent and more just. The first step is to acknowledge that good faith contractual performance is a general organizing principle of the common law of contract which underpins and informs the various rules in which the common law, in various situations and types of relationships, recognizes obligations of good faith contractual performance. The second is to recognize, as a further manifestation of this organizing principle of good faith, that there is a common law duty which applies to all contracts to act honestly in the performance of contractual obligations.”

Does this change things for realtors, or simply reinforce the practices we should already be upholding? Curious for thoughts on this.
  • | 20 Feb 2015, 09:26 PM Agree 0
    How to enforce will be the problem. in most cases it will a David versus Goliath. Unless of course the legal system gets a drastic change for time and legal fees. Its not a justice system, it is a Justice Business. Ask any Lawyer?
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