LAND AGENT'S CONTRACT.
MR JUSTICE ADAMS’S WARNING. CHRISTCHURCH, July 24. Mr Justice Adams, in a case in the Supreme Court to-day, commented on the fact that in an agreement drawn up by Mr P. Best, land agent, on the sale of a house property there were the words “time is the essence of this contract.” His Honor asked a witness, Mr T. J. Sleeman, a land salesman employed by Mr Best, why those words were inserted. Witness said that they were in all MiBest’s but he did not know why. His Honor: Do you know that these words should not be inserted without an express agreement in such respect to them between the parties ? I have seen them in more Ilian one contract recently, and there seems to be a practice among agents of inserting them. They may involve most serious consequences in law actions. They should be inserted only when the parties clearly know what the legal effect: is.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW19240729.2.150
Bibliographic details
Otago Witness, Issue 3672, 29 July 1924, Page 46
Word Count
160LAND AGENT'S CONTRACT. Otago Witness, Issue 3672, 29 July 1924, Page 46
Using This Item
Allied Press Ltd is the copyright owner for the Otago Witness. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.