Rama v Scott - [1966] NZLR 176

Sale of land — Contract subject to finance being arranged by purchaser by specified date — Such finance not available by that date — Whether time of essence of condition — For whose benefit condition inserted — Whether purchaser entitled to waive condition — Whether vendor entitled to rescind contract on non-fulfilment of condition.

Sale of land — Vendor and purchaser — Contract subject to finance being arranged by purchaser by specified date — Such finance not available by that date — Whether time of essence of condition — For whose benefit condition inserted — Whether purchaser entitled to waive condition — Whether vendor entitled to rescind contract on non-fulfillment of condition.