Tramore Property Group (Pty) Ltd v Vosloorus Square CC (235/2020) [2021] ZASCA 41 (13 April 2021)
This judgment teaches a valuable lesson. The seller of land to be developed cancelled the agreement due to the alleged non-compliance by the purchaser with the requirement to provide a guarantee relating to internal services and bulk provisions to the development. But the fact was that a proliferation of delays and emails created a nuance in respect of the guarantee requirements which were at odds with the actual wording in the agreement. The seller’s cancellation of the sale based on non-compliance with the nuanced interpretation of the guarantee clause was accordingly set aside.