Rescinding A Contract For The Sale Of Land.

Mondaq Business BriefingNbr. 2009, January 2009

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Summary


Sydney Advance Realty

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Extract


Rescinding A Contract For The Sale Of Land.

The equitable right for parties to a contract for the sale of land to rescind has been considered in the matter of Zhang –v– VP302 SPV & Ors [2009] NSWSC 73.

Background These proceedings arise from a contract for the sale of land entered into by the plaintiffs, Chao Zhang and Le Liu, to purchase 'off-the-plan' a residence yet to be ...

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