Manna v Lotter and Another (9708/04_)
Manna v Lotter and Another (9708/04_) [2007] ZAWCHC 13; [2007] 3 All SA 50 (C); 2007 (4) SA 315 (C) (8 March 2007)
The court held that it had jurisdiction to entertain the application for specific performance, as the property was situated within its territorial area, making attachment unnecessary even though the seller was a peregrinus. The expiry date in the offer was a stipulation for the exclusive benefit of the purchaser, who had elected to waive it and proceed with the transaction, thereby rendering the late acceptance by the seller effectual and binding. The suspensive condition regarding bond approval was also for the purchaser's benefit and was validly and timeously waived, with the waiver communi…
Source excerpt
- Specific Performance
- Jurisdiction Over Peregrinus
- Bond Clause Waiver
- Offer And Acceptance
- Alienation Of Land Act