Sellers still occupying home in Vancouver that they sold for $3.9 million a year ago

The former owners of a home on Vancouver's west side have continued living in it despite selling it for nearly $4 million last June. Last week, they won a court case that will prevent the new owners from evicting them for at least a little while longer.

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[NN-lxmb]

What a nightmare for the buyers. Sellers clearly have zero class.

[baruchspinoza]

The legal system is Canada is a very expensive and not funny joke.

[Eric-lxhp]

What’s ridiculous is $3.9 million for that

[NoGattsuNoGlory]

That is messed up. Squatting after you sell. Actually a smart move but definitely a evil loophole

[tvted]

Canadian justice system is a joke. Go reclaim your home by force. Worse case scenario, you’ll do 2 weeks in jail.

[DanSmith-xjcr]

So we have rich squatters now. No sympathy for the sellers. They are 100% taking advantage of the buyers and BC’s joke of a residential tenancy board. Hope the purchasers get lots of money in damages from them.

[alanj]

Your clients are squatters. Move out and then get your 100k back. Christ.

[OneZuluDelta]

Resell it. Or pay the local leg breakers a couple k

[DwnRace]

Scammers! Especially the Sellers Attorney!

[hchalz]

Brilliant! This is the new way to survive high cost of living in Canada. If you are smart, the Canadian government has created ways for you to live rent free.

[denverwynn]

Tenant / Landlord rights need to change.

[wc]

It’s not clear who’s right or wrong here… Some said the sellers are squatting, but the buyer kept $100k of the sale price… Now if the buyer agree to pay the remaining $100k (minus rent), would the seller agree to leave? Then we’ll know better…

[jimedge]

Real estate agents and lawyers should of never given the bulk until they moved out.

[hardren]

At what point do the buyers acknowledge the role they played in the tomfoolery. This is the fault of the buyers b/c when the sellers requested to remain in the home beyond the closing date (Which is NOT uncommon), it became a landlord/tenant a matter, all of this could have been avoided had they specified the
terms in writing.(Surprised their realtor did not suggest that).

[fatfarmers]

They are no longer sellers, they are squatters.

[nosaoyemade]

The solution is in the contract, possession to be at close of escrow or latest 3 days after settlement.

[BonaKim-hdec]

Sellers and buyers are in a Mexican standoff and the lawyers plus realtors get richer 🎉What a wonderful world.

[nickmacri]

Joke of a legal system and joke of a lawyer representing the sellers dude should be embarrassed of his craft.

[maggietodd]

The new owners should have given the seller their 100, 000 back and it would be done.. Ignoring the request didn’t serve them..

[IvoryS]

They dont owe them the $100k, that money was part of the purchase amount. There are many legal ways to get them out!
Thats insane! They got their $3.9 million and they are living there. Than i would charge them market rent!!!