Read the full judgment text of CACV 000205/2000 on BabelCite. This Court of Appeal judgment was delivered on 15 November 2000.
1. This appeal and cross-appeal arise out of a Provisional Agreement for Sale and Purchase ("the agreement") entered into on 14 April 1998 between the defendant ("the vendor") and the plaintiff ("the purchaser") for the sale and purchase of property described in the agreement as "Ground Floor Shops, No.566 Nathan Road, Kowloon" ("the property") for $54 million. The deposit of $10.8 million was paid to the vendor's former solicitors as stakeholder s. The judge held that there was no defect in tit