NSW Caselaw
New South Wales Supreme Court
CITATION : Liberty Grove (Concord) Pty Ltd v Yeo & Ors [2006] NSWSC 1373
HEARING DATE(S) : 7 and 8 December 2006
JUDGMENT DATE : 8 December 2006
JURISDICTION : Equity Division
JUDGMENT OF : Palmer J
DECISION : Judgment for Plaintiff for damages for breach of contract; Plaintiff ordered to repay deposit.
CATCHWORDS : REAL PROPERTY – DEFECT IN TITLE – Whether drainage pipeline running through centre of property a latent defect in title. - CONTRACT – ELECTION – Whether purchasers had unequivocally elected to affirm contract – s.55(2A) – market value of land much less than contract price – whether just to require return of deposit.
Conveyancing Act 1919 – s.55(2A) LEGISLATION CITED : Environmental Planning and Assessment Act 1979 (NSW) – s.149 Local Government Act 1919 (NSW) – s.241
Beard v Drummoyne Municipal Council (1969) 71 SR(NSW) 250 Eighth SRJ Pty Ltd v Merity (1997) 7 BPR 15,189 Flight v Booth (1834) 1 Bing NC 370 ((1834) 131 ER 1160) CASES CITED : Lucas & Tait (Investments) Pty Ltd v Victoria Securities Limited [1973] 2 NSWLR 268 Micos v Diamond [1970] 72 SR(NSW) 392 Sargent v ASL Developments Limited (1974) 131 CLR 634 Torr v Harpur (1940) 40 SR(NSW) 585
Liberty Grove (Concord) Pty Ltd – Plaintiff/Cross Defendant (1)/First Cross Defendant (2) Siew Yong Yeo – First Defendant/First Cross Claimant (1) and (2) PARTIES : Hung Hong Lim – Second Defendant/Second Cross Claimant (1) and (2) Kelmarsh Pty Ltd – Third Defendant Alexander Tees – Second Cross Defendant (2)
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