Read the full judgment text of DCMP 001504/2005 on BabelCite. This District Court judgment was delivered on 12 October 2005.
1. The plaintiffs were the purchaser of a flat. The defendants were the vendor. The price was $1,280,000. Provisional agreement was signed and initial deposit of $38,400 paid over to the vendor on 4 September 2004. Formal agreement was signed and a further deposit of $89,600 paid over to the vendor on 17 September 2004. Completion dates were revised and, according to the vendor’s case, was to take place on 23 October 2004. There were 2 legal charges and 1 loan agreement (pertaining to the 2