9 Dec 2015
ZEST FOR REALTY LIMITED v COUMAT LIMITED [2015] NZHC 3130
- Citation
- [2015] NZHC 3130
- Court
- High Court
The deed of novation, signed and effective, substituted the defendant for WPDL and, given the director who signed had authority and knowledge, the defendant thereby adopted the agency acknowledgement and obligations; the agency agreement complied with s126 on the facts and the commission became payable when the purchaser's contract became unconditional on 4 February 2015, so summary judgment for the plaintiff was appropriate.