Prior Sale Voids Subsequent Promise to Sell
Synthèse Legislator
Généré par l'IAA litigant, having previously contracted to sell a property, subsequently executed a formal deed of sale with the initial buyer but later signed a promise to sell the same property to a third party, who then sought to compel the execution of that second promise; the court rejected the claim because the prior, perfected sale to the first buyer extinguished the vendor's right to dispose of the property, rendering the subsequent promise to sell unenforceable against the vendor, regardless of whether the second buyer was aware of the first sale.
Regeste Legislator
Généré par l'IAPrior Sale Voids Subsequent Promise to Sell: A litigant, having previously contracted to sell a property, subsequently executed a formal deed of sale with the initial buyer but later signed a promise to sell the same property to a third party, who then sought to compel the execution of that second promise; the court rejected the claim because the prior, perfected sale to the first buyer extinguished the vendor's right to dispose of the property, rendering the subsequent promise to sell unenforceable against the vendor, regardless of whether the second buyer was aware of the first sale.