Sale of Land Contract Validity by Correspondence
Synthèse Legislator
Généré par l'IAA contract for the sale of land was validly concluded by an exchange of letters, where the seller agreed to the buyer's offer to purchase the property at the stated price, even though the final formal act was never executed. The court ruled that the exchange of correspondence constituted a definitive agreement to sell, thereby establishing a legally binding contract between the parties, and that the subsequent failure to finalize the notarial deed did not invalidate the prior consensual agreement.
Regeste Legislator
Généré par l'IASale of Land Contract Validity by Correspondence: The court ruled that the exchange of correspondence constituted a definitive agreement to sell, thereby establishing a legally binding contract between the parties, and that the subsequent failure to finalize the notarial deed did not invalidate the prior consensual agreement.