Purchaser's Claim for Deposit Reimbursement Denied Due to Failure to Fulfill Procedural Requirement for Condition Precedent

Purchaser's Claim for Deposit Reimbursement Denied Due to Failure to Fulfill Procedural Requirement for Condition Precedent: A purchaser who contracted to buy land with a stipulation that the sale would be finalized only upon the seller obtaining the necessary administrative authorization to transfer ownership, sued for reimbursement of the deposit after the authorization was refused, despite the buyer's failure to fulfill a procedural requirement concerning the execution of the sale; the court upheld the dismissal of the buyer's claim because the contractual condition precedent—the administrative authorization—was a prerequisite to the finalization of the sale, and the buyer, by failing to initiate the finalization procedure as required by the contract, could not rely on the non-occurrence of that condition, which was dependent on their action, to demand rescission and restitution of the deposit.