They exchanged drafts for purchasing an apartment and the seller backed out. Will the buyer receive compensation?
The court dismissed a lawsuit to enforce a draft agreement for the purchase of an apartment in Eilat after the seller backed out. It ruled that the draft did not crystallize into a binding contract due to lack of finality, but the seller acted in bad faith. The woman was not ordered to pay costs.
The Be'er Sheva District Court dismissed a lawsuit by a woman to enforce a draft agreement for the purchase of an apartment in Eilat, after the seller backed out. Judge Yaakov Danino ruled that the draft did not crystallize into a binding contract due to lack of finality and full specificity, particularly because the payment schedule and other essential details had not yet been approved. However, the court found that the seller conducted negotiations in bad faith, as he failed to disclose that the sale was conditional on his purchase of an alternative apartment. The woman was not ordered to pay costs in light of this finding. The article also includes two additional rulings: the dismissal of a request to track a former spouse's phone over a decade, and a ruling requiring apartment sellers to pay 265,000 shekels to buyers for failing to disclose moisture damage.