Tibasaga & Another v Nyaika
Tibasaga & Another v Nyaika (Civil Appeal 1 of 2018) [2024] UGHC 372 (24 January 2024)
The appellate court found that the respondent failed to pay the full purchase price for the suit land, and evidence showed that a meeting was held where the parties agreed the 1st appellant could sell the land to another buyer and refund the respondent's deposit with interest. The sale agreement did not specify payment timelines, so the final payment became due when demanded. The respondent's inability to pay the balance constituted repudiation, entitling the 1st appellant to rescind the contract. The rescission was effectively communicated, and the refund was attempted. The trial magistrate…
Source excerpt
- Sale Of Land
- Breach Of Contract
- Rescission Of Contract
- Refund Of Deposit