Proper Communication is Crucial in any Contract
Added on 2020-04-15
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Question 4Proper communication is crucial in any contract. Messages and communications need to be done within time to ensure that the parties plane themselves effectively. The major issue raised in this case, is defaulting the dates for a contract and lack of proper communication. The authorized personnel to make the communication between the purchaser and vendor were able to carry their duty1. Therefore whether they did the communication without consultation with the vendor is an internal issue which the vendor team has to resolve independently. The main thing to make sure in this case that there must be an existing written agreement on the postponement of the paymentto the later date of 6th December. If the para-legal issued a written notice that the settlement of the payment has changed, then Mary can uptake this issue to court and have it settled in her favour. If the buyer is unable to obtain the required purchasing to settle the claim, the vendor is usually under mandate to offer a notice to the buyer on when he or she should be able to settle the purchase. The vendor may offer a maximum of 14 days to the buyer to rectify the remedy and settles the said amount. In this case of Mary, what she is receiving is a cancellation of the contract2. Since Mary had entered into a contract, she requires a notice that the contract will be terminated and the conditions on the termination. A grace period should be offered in any contract to ensure that both parties have room to rectify the problem. Under this situation, Mary is under the period which she should be serving the notice. Therefore cancelation of the contract and withdrawing it from her will be illegal, since the para-legal may be aware that the duration 1NSW: Law Society of NSW and REI NSW - Contract for the Sale of Land; Vic: Law Institute of Victoria and REI Vic - Contract of Sale of Real Estate; ACT: Law Society of the ACT 2Standard Form Contract for Sale of Real Estate in Tasmania, in the Standard Condition 17.1
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