{"id":10797,"date":"2013-04-02T13:23:05","date_gmt":"2013-04-02T13:23:05","guid":{"rendered":"http:\/\/legaldictionary.lawin.org?p=10797"},"modified":"2013-04-02T13:23:05","modified_gmt":"2013-04-02T13:23:05","slug":"rescission","status":"publish","type":"post","link":"https:\/\/lawlegal.eu\/rescission\/","title":{"rendered":"Rescission"},"content":{"rendered":"
Abrogation or revocation, particularly of a contract. In a sale of land there is usually an express condition of sale under which, in case the purchaser makes and persists in any objection or requisition which the vendor is unable or unwilling to comply with, the vendor may by notice in writing rescind the sale, and return the deposit to the purchaser and so escape liability to pay damages for breach of contract. (Snell, p. 553.).
If a party is entitled to rescind a contract owing to a misrepresentation having been made he must notify the other party of his intention by pleading invalidity as a defence to proceedings to enforce the contract, or by bringing a suit for having the contract judicially set aside<\/p>\n<\/h4>\n
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