The forfeiture of a deposit is one of the major tools for ensuring that contracts are performed. But there is a debate about whether a deposit can be forfeited if the party forfeiting it has suffered no damages, or damages less than the amount of the deposit. Until recently in British Columbia, there were decisions […]
Continue Reading →Is A Deposit Forfeited In Absence Of Proven Damages?
Posted by: Thomas G. Heintzman
13
Oct