Judgment
Vista Del Mar Development Ltd v Janet Francis and Dwight Clarke - Judgment
[2016] CIGC (G) 247
· G 0247/2014 · 2016-09-20
Contract; Sale of Land; Specific Performance; Agreement by Purchasers to Commence and Complete; Construction within a Specific Time; Deed of Variation; Vendor's Option to Re-Purchase in the Event of Purchaser's Breach; Whether Option Valid and Enforceable; Whether Void for uncertainty; Whether Option Clause imposed primary or secondary obligation; Whether Penalty Clause; Whether Option void for perpetuity; Perpetuities Law (1999) Revision; Whether discretionary Bars, to remedy of Specific Performance; Laches, Unclean Hands. Specific performance of land sale agreement; Validity of re-purchase option clause; Alleged penalty clause, perpetuity, and laches
Full metadata
| Neutral Citation | [2016] CIGC (G) 247 |
|---|---|
| Cause Number | G 0247/2014 |
| Court | CIGC (Civ) |
| Judge | Mangatal J |
| Parties | Vista Del Mar Development Ltd v Janet Francis and Dwight Clarke - Judgment |
| Judgment Date | 2016-09-20 |
| Subject | Contract; Sale of Land; Specific Performance; Agreement by Purchasers to Commence and Complete; Construction within a Specific Time; Deed of Variation; Vendor's Option to Re-Purchase in the Event of Purchaser's Breach; Whether Option Valid and Enforceable; Whether Void for uncertainty; Whether Option Clause imposed primary or secondary obligation; Whether Penalty Clause; Whether Option void for perpetuity; Perpetuities Law (1999) Revision; Whether discretionary Bars, to remedy of Specific Performance; Laches, Unclean Hands. Specific performance of land sale agreement; Validity of re-purchase option clause; Alleged penalty clause, perpetuity, and laches |
| Filename (current) | 16-09-20_vista_del_mar_development_ltd_v_janet_francis_and_dwight_clarke.pdf |