Mosdell Pama & Cox v von Felbinger and Others (8771/10)
Mosdell Pama & Cox v von Felbinger and Others (8771/10) [2012] ZAWCHC 127 (1 February 2012)
The court found that the oral waiver of the suspensive condition by the second claimant was invalid as it was not in writing and signed by both parties, as required by the non-variation clause. Consequently, the agreement initially lapsed due to non-fulfilment of the suspensive condition. However, the addendum signed by both parties on 29 April 2009 evidenced a clear intention to revive the lapsed agreement, and the parties' subsequent conduct confirmed this. The revived agreement was validly cancelled by the first claimant due to the second claimant's breach in failing to provide guarantees…
Source excerpt
- Alienation Of Land Act
- Interpleader Proceedings
- Contractual Suspensive Conditions
- Deposit Forfeiture
- Commission Entitlement