Seller's Rescission of Property Sale Contract Due to Buyer's Failure to Appear
Synthèse Legislator
Généré par l'IAA contract for the sale of a property, under which the final deed was to be signed before a notary on a specified date, was deemed validly terminated when the purchaser, having been given a final ultimatum, failed to appear on the agreed date, despite the seller's preparedness to execute the sale, because this failure constituted a material breach of the contractual obligations, justifying the seller's unilateral rescission of the agreement.
Regeste Legislator
Généré par l'IASeller's Rescission of Property Sale Contract Due to Buyer's Failure to Appear: A contract for the sale of a property, under which the final deed was to be signed before a notary on a specified date, was deemed validly terminated when the purchaser, having been given a final ultimatum, failed to appear on the agreed date, despite the seller's preparedness to execute the sale, because this failure constituted a material breach of the contractual obligations, justifying the seller's unilateral rescission of the agreement.