Sale agreementBreach of contractSpecific performanceTime for performanceMora
Tags
Property LawContract LawSale of Immovable PropertySpecific Performance
legislation
Statutes Cited
No statutes were cited in this judgment
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the applicant breached the agreement by failing to pay the purchase price by the fixed deadline","issue_type":"mixed","dispositive":"yes","related_facts":"Applicant accepted offer on 13 July 2010; payment demanded by 13 August 2010; applicant failed to pay"}
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background
Facts of the Case
Background
The applicant, a sitting tenant, accepted an offer to purchase a flat from the 1st respondent for US$30,000 in July 2010. The 1st respondent demanded payment by 13 August 2010, which the applicant failed to meet. The applicant obtained mortgage approval only in March 2011 and sought an order compelling transfer of the property.
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