Burn v CAC 20002 & Anor [2014] NZREADT 25 [pdf, 144 KB]
...that the financial losses he has experienced by the delay in settlement, and then needing to resell the property at a loss, flow from this alleged failure of the licensee. In fact, the standard clause 6 of the agreement seems to provide sufficient protection for Mr and Mrs Burn. We have not been told whether they are seeking recourse from Mr and Mrs Smith pursuant to clause 6. [50] Ms Keating, as counsel for the licensee, accepted that there are two issues, namely, did the licensee...