Question
You have recently entered into a written contract to purchase a home.It is the home of your dreams and is perfect for you.It also has
You have recently entered into a written contract to purchase a home.It is the home of your dreams and is perfect for you.It also has plenty of room for a home office, which was part of the reason that you purchased it.Three weeks before the date of purchase (the date when the purchase would be complete) the vendor calls you and advises you that he/she has changed his/her mind and is not going to sell the house to you.Fortunately, you live in an apartment and can arrange to stay there for the time being.
(10 marks in total)
(a)Do you have a claim against the vendor and why? (2 marks)
(b)Identify and describe 2 remedies, in common law and/or in equity, that are available to you against the vendor of the house. (4 marks)
(c)Which is the most appropriate remedy in these circumstances, and why? (2 marks)
(d)Do you have to wait until the date scheduled for completion to begin your action?If so, why; and if not, why not? (2 marks)
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