A real estate deal can end when its conditions aren't fulfilled by the agreed deadline. In Peters v. Warlow, 2026 BCSC 1741, the British Columbia Supreme Court dismissed sellers' allegations that purchasers had breached their original $1.53 million contract after a financing condition expired and the purchasers returned with a lower offer. The decision is relevant to contract deadlines and good faith in business transactions, but it doesn't require parties to extend an expired bargain. The original court judgment is the source for readers to check the precise contractual terms.
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BC court considers what happens when a financing condition expires
An expired financing condition and a lower second offer did not establish a breach of the original real estate purchase contract.
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