19 Apr 2005
OTAGO STATION ESTATES LIMITED V JOHN ROBERT PARKER And Anor SC SC CIV 6/2004
- Citation
- openlaw-a27c8ee1_a3ef_4eb5_9ecd_76527483984f.pdf
- Court
- Supreme Court
Tendering a personal cheque in response to a cl 2.2 notice does not remedy a purchaser's default because the vendor is entitled to the certainty of actual receipt of cleared funds or legal tender; the vendor may validly insist on a bank cheque or other cleared funds and directing payment to a solicitor's trust account did not constitute waiver of that requirement.