A buyer makes a contract to buy property from a seller. Before completion (the date title transfers), the buildings on the property are destroyed by a fire set by a neighbour. The contract is discharged due to frustration.

Question

Quizplus · Accepted Answer

The destruction of the property by fire is considered an unforeseen event, which makes the performance of the contract impossible or radically different from what was originally agreed upon. As a result, the contract is discharged due to frustration.

A Buyer Makes a Contract to Buy Property from a Seller