Background:
Jia Zuo sued Tony Chen, RE/MAX City Realty, Shing Yip Investments Ltd., and CBRE Limited over a failed commercial real estate transaction for a property at 4126 MacDonald St., Vancouver. The dispute centered on allegations of fraudulent misrepresentation, negligence, and breach of contract.

Fraudulent Misrepresentation Claim Against Shing Yip Investments Ltd.:
Zuo alleged that Shing Yip, through its agent, fraudulently misrepresented the environmental condition of the property. The court found that Shing Yip had no actual or reckless knowledge of contamination and had not concealed any defects. The claim was dismissed.

Breach of Contract and Counterclaim:
Zuo failed to complete the $8.25 million purchase, leading to a counterclaim by Shing Yip. The court ruled that she breached the contract and awarded Shing Yip $2.67 million in damages, representing the difference between her purchase price and the eventual resale price. She also forfeited her deposits.

Negligence Claim Against Tony Chen and RE/MAX City Realty:
Zuo claimed Chen negligently advised her on the transaction. The court found no evidence that Chen breached his duty or caused Zuo’s financial loss. Her claim was dismissed.

Costs Awarded:
The court ordered Zuo to pay costs to Shing Yip, Chen, and RE/MAX, with final amounts to be determined through written submissions.