Promise of Sale Breach and Damages
Synthèse Legislator
Généré par l'IAA party who had sold a property under a promise of sale, but subsequently refused to complete the final sale after the buyer had executed the condition precedent, was held liable for damages because the refusal constituted a breach of the contractual obligation to perform the definitive act, even though the refusal occurred after the time for the final sale had passed, as the refusal itself was the decisive event causing the harm.
Regeste Legislator
Généré par l'IAPromise of Sale Breach and Damages: A party who had sold a property under a promise of sale, but subsequently refused to complete the final sale after the buyer had executed the condition precedent, was held liable for damages because the refusal constituted a breach of the contractual obligation to perform the definitive act, even though the refusal occurred after the time for the final sale had passed, as the refusal itself was the decisive event causing the harm.