Davis LLP's Carlos Mendes discusses the B.C. Court of Appeal decision in Tang v. Zhang (2013, BCCA 52) in the article "Guaranteeing Performance," which appears in the June 2013 issue of BarTalk magazine. He explains that the ruling has been "welcomed by many in the Vancouver Real Estate Bar" because it clarifies the nature of deposits in real estate transactions, an issue that had previously been clouded by confusion.
BarTalk is a bi-monthly magazine published by the B.C. branch of the Canadian Bar Association.
Read the digital edition here. The article by Carlos appears on page 16.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
