Vendor Refusal to Close Sale After Contingency Met

A vendor, having entered into a contract to sell property contingent upon obtaining a necessary building permit, subsequently refused to execute the final sale after the permit was granted, arguing that the delay in obtaining the permit exceeded the time limit considered reasonable for the condition to remain valid. The court rejected this appeal, reasoning that the contract did not specify a fixed deadline for obtaining the administrative authorization, and therefore, the vendor could not unilaterally terminate the agreement based on the mere passage of time without demonstrating that the delay rendered the obligation definitively impossible or that the purpose of the contract had been fundamentally frustrated by the duration of the wait.