Qureshi v. Zeema Investments Incorporated
Nadeem Qureshi
Law Firm / Organization
Landy Marr Kats LLP
Lawyer(s)

Shahzad Siddiqui

Law Firm / Organization
Rosenstein Law
Zeema Investments Incorporated
Law Firm / Organization
Unrepresented
Nik Handa
Law Firm / Organization
Klein & Schonblum Associates
Lawyer(s)

Jeffrey Sol Klein

Re/Max Realty Services Inc.
Law Firm / Organization
Klein & Schonblum Associates
Lawyer(s)

Jeffrey Sol Klein

Key Issues:

  • RE/MAX and Nik Handa sought a commission of $650,000 from Qureshi after a real estate transaction fell through.
  • Qureshi argued there was no written agreement obligating him to pay this commission.

Background:

  • In 2019, Qureshi showed interest in buying the Vaughan Inn Motel. He signed a Buyer Representation Agreement (BRA) with RE/MAX and Handa.
  • The BRA did not specify the commission but mentioned it was "To Be Determined (TBD)."
  • Qureshi ultimately canceled the transaction due to concerns about COVID-19.
  • RE/MAX claimed that, per the BRA, Qureshi owed them the commission, even though the sale did not close.

Court's Findings:

  • There was no clear contractual obligation for Qureshi to pay the commission, as the BRA left the commission undetermined.
  • The "TBD" in the BRA lacked a mechanism to fix the commission, making the contract unenforceable against Qureshi.
  • The Commission Agreement with the seller (Zeema) did not bind Qureshi, as he was not a party to it.

Decision:

  • RE/MAX’s claim for the $650,000 commission was dismissed.
  • Costs: While no specific costs were awarded in the decision, both parties submitted cost claims of approximately $30,000 on a partial indemnity basis.

Conclusion: Qureshi was not liable to pay the commission, as no enforceable contract existed specifying his responsibility.

Superior Court of Justice - Ontario
CV-20-1987
Corporate & commercial law
$ 30,000
Plaintiff