Capital Letter: When tender of settlement would be futile and solicitors’ duties
Here the property in question was to be on-sold contemporaneously.
Wed, 14 Sep 2016
In 2005 the Supreme Court held, in Bahramitash v Kumar [2005] NZSC 39, that where a vendor gives an unambiguous indication of not being ready to settle, so that tender of settlement would be futile, it is not necessary for the purchaser to tender settlement.