Facts: The applicants sought a declaration that the respondent, Nwoyibo B. Charles, breached the Agreement of Purchase and Sale (APS) for a property in Vaughan, Ontario, and that a $150,000 deposit plus interest be forfeited to them.
Issues: The court was asked to determine if Charles breached the APS and if the sellers were entitled to the deposit's forfeiture.
Ruling: The court found that Charles breached the APS, ruled the deposit forfeited to the sellers, and directed RE/MAX to release the deposit held in trust to the sellers.
Amount Awarded: $150,000 deposit plus any accrued interest to the applicants.
