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Globe Holdings v Floratos
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Globe Holdings v Floratos : ウィキペディア英語版
Globe Holdings v Floratos

''Globe Holdings v Floratos'' () 3 NZLR 331 is a cited case in New Zealand regarding where a condition in conditional contract is for the sole benefit of one party, the condition can be unilaterally waived by that party.

==Background==
The parties entered into a conditional sale agreement involving a block of apartments, requiring the obtaining a subdivision consent within 60 days to the purchasors satisfaction. The contract had a clause allowing either party to cancel the contract prior to a condition being waived, or fulfilled.
Ultimately, the subdivision consent was not obtained, but the purchaser notified the vendor that they had now waived this condition unilaterally, and that they should now treat the contract as now being unconditional.
The vendor response was that the condition was a benefit of both parties, and as such, was not able to be waived unilaterally.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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