13 Jul 2007
LIFESTYLE GROUP LTD V GEORGE MAXWELL AND HELEN KIRSTEN MAXWELL CA CA146/06
- Citation
- openlaw-4288c828_91c6_4b2e_92cd_9aa7025a2a7e.pdf
- Court
- Court of Appeal
Clause 48 and the REI-ADLS standard form constituted the sale agreement; clause 47 was not incorporated and, in any event, breaches alleged amounted to warranty defaults which the standard form expressly provided did not defer the purchaser's obligation to settle, so Lifestyle was in default and liable for contractual interest at 18% per annum.
- Incorporation by reference
- Option to purchase
- Contractual interest for late settlement
- Vacant possession
- Standard form sale and purchase terms
- Breach of warranty vs deferral of settlement