Read the full judgment text of HCA 003481/1998 on BabelCite. This High Court CFI judgment was delivered on 9 September 1999.
1. The plaintiffs were joint owners of a house in Royal Palms (hereinafter called the "Property"), which they agreed to sell to the 1st Defendant at a price of $13,800,000. A formal sales and purchase agreement dated 10.6.1997 was signed by the parties (hereinafter called the "Agreement") with a total deposit of $1,380,000 paid to the plaintiffs. The scheduled completion date was 30.8.1997.
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