Unilateral Promise to Sell Insufficient for Land Sale Title Transfer
Synthèse Legislator
Généré par l'IAA contract for the sale of land, concluded by a promise to sell signed by the seller alone, was deemed not to transfer ownership to the purchaser upon acceptance, as the requirement for a bilateral instrument reflecting the mutual consent of both parties was not met. The court reasoned that while an unqualified promise to sell signed by the seller could constitute a unilateral commitment, the formation of the sale itself, which requires the convergence of the will of both the seller and the purchaser, necessitated a formal bilateral act, and the unilateral document, lacking the buyer's signature, was insufficient to perfect the transfer of title.
Regeste Legislator
Généré par l'IAUnilateral Promise to Sell Insufficient for Land Sale Title Transfer: The court reasoned that while an unqualified promise to sell signed by the seller could constitute a unilateral commitment, the formation of the sale itself, which requires the convergence of the will of both the seller and the purchaser, necessitated a formal bilateral act, and the unilateral document, lacking the buyer's signature, was insufficient to perfect the transfer of title.