28 Jul 1999
CHU CHAK PIU RAYMOND v. TSANG CHI CHIU AND ANOTHER
- Citation
- CHU CHAK PIU RAYMOND v. TSANG CHI CHIU AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP2556/1998
Clause 25 requires the Premises to be actually and adversely affected by the relevant ordinances before the Purchasers may rescind; mere inclusion in an OZP is not sufficient. On the facts the OZP zoning did not produce an injurious or prejudicial effect on the Premises, the Defendants were in anticipatory breach, the Plaintiff validly accepted the repudiation and is entitled to damages equal to the difference between contract price and market value at the date of breach.