De Jongh and Others v Phillipides and Others (A2023/008709)
De Jongh and Others v Phillipides and Others (A2023/008709) [2025] ZAGPJHC 347 (2 April 2025)
The court held that clause 3.3 of the agreement did not require the appellant to pay the balance of the purchase price into the seller's attorney's trust account, nor did it impose a duty to ensure the funds remained in trust until registration of transfer. The obligation was discharged upon payment to the seller's attorney, who acted as an adjectus solutionis causa. The attorney's misappropriation of funds did not constitute a breach by the appellant. The court found that the interpretation adopted by the court below led to insensible results and was inconsistent with the contract's text and…
Source excerpt
- Specific Performance
- Contractual Interpretation
- Adjectus Solutionis Causa
- Breach Of Contract