CONVEYANCING ACT 1919 - SECT 56
No rescission by vendor on purchaser's objections etc until purchaser has reasonable opportunity to waive objections etc
CONVEYANCING ACT 1919 - SECT 56
No rescission by vendor on purchaser's objections etc until purchaser has reasonable opportunity to waive objections etc
56 No rescission by vendor on purchaser's objections etc until purchaser has
reasonable opportunity to waive objections etc
(1) In any contract the vendor shall not be entitled to exercise any right to
rescind the contract, whether given by the contract or otherwise, on the
ground of any requisition or objection made by the purchaser unless and until
the vendor has given the purchaser reasonable notice of his or her intention
to rescind so as to enable the purchaser to waive the requisition or
objection.
(2) This section applies only to contracts made after the
commencement of this Act, and shall have effect notwithstanding any
stipulation to the contrary.
