Hansra LawToronto, ON · September 21, 2026Do You Lose a Claim if You Cannot Quantify It Before the Adjustment Statement Is Due?
You found a problem after closing, but you can’t put an exact dollar figure on it yet. Have you lost your claim? This question matters more than it sounds like it should. Purchase agreements set deadlines for indemnity claims, and buyers sometimes sit on a known problem while they try to quantify it perfectly, only to watch the notice period expire. The good news: a claim you can’t fully quantify yet is usually still a claim you can make, if you give notice properly and on time. This piece explains how notice provisions actually work, what you need to say before the deadline, and why waiting...
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