KVV Inc. Attorneys

A Bond Clause Deadline Whooshes by and a Sale Dies - Can You Revive It?

KVV Inc Attorneys

Published on: 15/07/2025

Missed a contract deadline? Beware! If a suspensive condition (like a bond clause) expires, the contract dies. Extending it after the deadline is fatal; you'll need a new agreement. Always extend before expiry and use a professionally drawn contract.

PropertyProperty LawBond Clause

Waiving the Bond Clause to Keep a Sale Alive: Risk Versus Reward

KVV Inc Attorneys

Published on: 04/03/2025

A buyer's offer to pay cash for a property after a bond clause deadline expired did not constitute a valid waiver of the clause, the Supreme Court of Appeal ruled. The sale agreement lapsed, entitling the buyer to a full refund of their deposit. The seller failed to prove the buyer's clear intent to waive their rights, as required by law and the agreement's terms.

Property

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships, Driving Results.

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships,

Driving Results.