Contract for Sale Assignment | Homework For You
November 20th, 2019
You act for Mary on the purchase of a house at Gosford. The contract, which is the standard 2017 Contract for Sale, provides for an ESSENTIAL completion date of 29 November.
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Mary is counting on receiving funds from her grandmother’s Estate to complete the purchase. On 27 November Mary tells you that the Estate solicitor went on holidays without finalizing the transfer of funds and he is not due back until 5 December so she cannot get her funds until then.
Are there any remedies available to Mary given these facts. Support and illustrate your advice with relevant authority and cases. Get Business Law homework help today