VENDORS
RIGHT TO RESCIND - STANDARD CONTRACT NSW
CLAUSE
8
The
vendor can rescind if:
8.1
the vendor is on reasonable grounds, unable or unwilling to comply
with a requisition;
8.2
the vendor serves a notice of intention to rescind that specifies the
requisition and those grounds; and
8.3
the purchaser does not serve a notice waiving the requisition within
14 days after that service.