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Type: Journal article
Title: Vendors' statements, the right to cool off and remedies: Le Cornu and Kurda v Place on Brougham Pty Ltd
Author: Babie, P.
Citation: Property Law Review, 2014; 4:143-145
Publisher: Thomson Reuters
Issue Date: 2014
ISSN: 1838-3858
Statement of
Paul T. Babie
Abstract: Le Cornu and Kurda v Place on Brougham Pty Ltd [2013] SADC 32 confirms that a Vendor’s Statement is not invalid due solely to the non-existence of the property the subject of such statement. Yet, once a Vendor’s Statement is rendered invalid on other grounds, the right to cool off remains open, allowing the purchaser a choice between electing to affirm or rescission. In either case, though, the vendor retains the right to claim estoppel.
Keywords: Real property; vendor's statements; right to cool off
Description: Research paper
Rights: Copyright status unknown
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