[2024] NZREADT 14 - EH & E Ltd v CAC 2204 & C Ltd (6 May 2024) [pdf, 225 KB]
...their addresses on the same street. The other appellant is the purchaser itself. Substantial deposits were paid to the real estate agency engaged in the transaction (the agency) to hold them in trust. [2] The purchaser’s solicitor signed forms confirming satisfaction of the conditions attached to the purchase agreements for both properties. The deposits were therefore released to the vendor. Settlement did not, however, occur and the vendor retained the deposits. [3] The...