Question
Kareena and Kevin recently entered into a written contract to purchase a home. It is the home of their dreams and is perfect for them.
Kareena and Kevin recently entered into a written contract to purchase a home. It is the home of their dreams and is perfect for them. It also has plenty of room for a home office, which was part of the reason that they purchased it. Three weeks before the date of purchase (the date when the purchase would be complete), the vendors call them and advise that they have changed their mind and are not going to sell the house to Kareena and Kevin. Fortunately, Kareena and Kevin live in an apartment and can arrange to stay there for the time being.
Answer the following questions
- Do Kareena and Kevin have a claim against the vendors and why?
- Identify and describe 2 remedies, in common law and/or in equity, that are available to Kareena and Kevin against the vendors of the house.
- Which is the most appropriate remedy in these circumstances, and why?
- Should Kareena and Kevin wait until the date scheduled for completion to begin an action? If so, why; and if not, why not?
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