Offer to Purchase Unenforceable Because of Uncertainty As to Who Was the Intended Purchaser #3
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By Gerry NeelyB.A. LL.B. An offer to purchase made by “the undersigned Century 21 Real Estate Ltd. or nominee” was held to be unenforceable, in part because of the uncertainty as to who was the intended purchaser. The transaction was somewhat unusual because the first and second mortgage financing, which was to pay out the …