Vendor Sells Property After Unwritten Promise to Another Buyer
Synthèse Legislator
Généré par l'IAA vendor, having promised to sell a property to a prospective buyer under an unwritten agreement, subsequently sold the same property to a third party; the first prospective buyer sued for nullity of the second sale and damages, arguing the vendor had breached a promise to sell, but the court rejected the appeal, reasoning that the initial unilateral promise to sell, being unwritten, did not confer any rights in rem on the prospective buyer against third parties, meaning the subsequent registered sale to the third party, who was acting in good faith, could not be challenged based on the prior private agreement.
Regeste Legislator
Généré par l'IAVendor Sells Property After Unwritten Promise to Another Buyer: A vendor, having promised to sell a property to a prospective buyer under an unwritten agreement, subsequently sold the same property to a third party; the first prospective buyer sued for nullity of the second sale and damages, arguing the vendor had breached a promise to sell, but the court rejected the appeal, reasoning that the initial unilateral promise to sell, being unwritten, did not confer any rights in rem on the prospective buyer against third parties, meaning the subsequent registered sale to the third party, who was acting in good faith, could not be challenged based on the prior private agreement.