Recent Cases on Restrictions on Vendor’s Right to Rescind in Off the Plan Contracts
9 February, 2018
Recent Cases on Restrictions on Vendor’s Right to Rescind in Off the Plan Contracts
Sunset clauses are common in off the plan contracts or other contracts where the vendor has obligations to satisfy conditions precedent to complete (Contract). Off the plan contract means a contract for the sale of a residential lot (subject lot) that has not been created at the time that the…