Read the full judgment text of HCA 001100/1978 on BabelCite. This High Court CFI judgment was delivered on 7 November 1979.
1. On 8th November, 1976, the 1st defendant, Chan Fat, entered into a memorandum of agreement with the Sun Hung Kai Real Estate Agency, Ltd., to purchase Flat No. 3 Wing Fat Mansion, 21st floor, Ma Miu Road, Yuen Long, New Territories. The price agreed upon was $76,500 and payment thereof was to be made as follows: $2,000 deposit upon signing the memorandum of agreement; $5,650 upon signing the formal agreement on 11th November, 1976; $7,650 within 7 days after the issue of the occupation permit