What is the effect of the words "of money" and "of property" in the context of a real estate transaction?

British Columbia, Canada


The following excerpt is from Sheraton Desert Inn Corp. v. Yung, 1998 CanLII 5570 (BC CA):

Were it not for the omission of the words "of money", the facts of this case might be within the principles expressed in the judgment of Anglin J., as he then was, in Langley v. Beardsley (1909), 23 O.L.R. 67.

Other Questions


How has the value of a parcel of land been determined in real estate law in the context of real estate transactions? (British Columbia, Canada)
What is the effect of using the word "defamatory meaning" in the context of a defamation claim? (British Columbia, Canada)
What is the effect of division of property and spousal support on property division? (British Columbia, Canada)
Can a party in a commercial real estate transaction aborts the closing of the transaction and forfeits the deposit? (British Columbia, Canada)
Does the words 'shall be the joint property of the undersigned' or 'right of survivorship' convey a legal title to a joint property? (British Columbia, Canada)
When one spouse excludes property that is real property, is that a spouse entitled to an undivided half interest in the increased value of the property? (British Columbia, Canada)
At what point in the history of real estate transactions, in what circumstances will real property have value? (British Columbia, Canada)
What is the effect of a personal property agreement on property that would have occurred without the agreement? (British Columbia, Canada)
Is there an equal division of the farm property and equipment on the property in the context of a long-term marriage? (British Columbia, Canada)
What is the test for "full, free and informed thought" in the context of a property transaction? (British Columbia, Canada)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.