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Garratt v Ikeda () 1 NZLR 577 is a cited case in New Zealand regarding where a contract is cancelled under the Contractual Remedies Act 1979, if the deposit has not been paid, it is still payable, despite section 8(3)(a). ==Background== Garratt agreed to purchase Ikeda's property for $1.83 million, with a 10% deposit, payable in 3 instalments. After paying the first two instalments totaling $50,000, Garratt defaulted on the final $130,000 payment due on the deposit. As a result, Ikeda cancelled the sale, and resold the property to another party for $400,000 more than Garratt had agreed to purchase the property. With the sale now cancelled, Garratt requested Ikeda to refund the $50,000 he had paid on the deposit. Ikeda refused, despite the fact that he had resold the property for a $400,000 profit. Garratt eventually sued for his deposit back. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Garratt v Ikeda」の詳細全文を読む スポンサード リンク
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