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The Supreme Court partially granted the petition and reversed the decision of the Court of Appeals. While the lower courts correctly found that the petitioners failed to undertake their obligation to transfer the property title within 90 days as required by the contract, this did not constitute a substantial breach that would justify rescission of the contract. The contract specifically provided the respondents an alternative remedy in such event, which was to undertake the title transfer themselves at the

Author

Rav En

Language

EN