Court orders buyers to pay $470,000 for defaulting on home purchase deal
On April 6, 2018, a Superior Court held a couple, David Lea and Yixing Hu, accountable for reneging on a purchase of a multimillion-dollar home in Stouffville, Ontario. The judgment held that the couple must pay $470,000.00 for backing out of a real estate purchase where the value of the home dropped after the agreement of…