E. Definiteness. Contractual terms, particularly basic conditions such as price, legal description and deadline, must be sufficiently secure. A court must be able to review the agreement and determine the obligations of the parties from the „four corners of the document.“ B. Counterposition. Reflection is a value that someone else is promised when they hand over a contract. This is a disadvantage that arises from the promise and/or a benefit for the promisor. The money that the buyer gives as a down payment and the terms of payment in the sales contract are a valuable consideration on the buyer`s part; and the property, as well as the commitment to provide the property after receiving the purchase price, are a valuable consideration for the seller. However, the payment must not be in the form of money; it may be a trade in other real estate or personal property or a promise to fulfill an obligation. The deed of sale is the most important legal document by which a seller transfers his right of ownership to the buyer, who then acquires the absolute ownership of the property. Suppose, for example, that Steve Jason wants to sell his 3,000-square-metre, four-bedroom home for US$400,000. Jason makes Steven $40,000 in cash to provide him with the keys to the house.

Jason then renovated the house, installed the LED lighting and installed an energy-efficient central air conditioning system. Even if there is no formal letter to document the sale of the house, it is likely that a court will maintain the sale. Payment, possession and improvements make it natural that there was an agreement between the parties. Since the Fraud Act is made to ensure that fraudulent contracts are not enforced, this alternative evidence of the existence of an agreement will fulfill the political reason. According to the doctrine of fair conversion, after signing a contract, the buyer becomes the „fair“ owner of the property, although the seller remains until the „legal“ owner closes. [8] About four months later and two days before the end of the extended due diligence period of the sales contract, Sabatine made a counter-offer to Fitzpatrick`s January counter-offer. Sabatine`s counter-offer in May required exclusive parking spaces (which would reduce the number of parking spaces for all Plaza tenants on Thursday), access to the remaining square on Thursday and a split of ownership of two separate parcels. Fitzpatrick rejected Sabinine`s counter-offer in May, which had been proposed a month earlier and summarily rejected. In a letter dated May 18, 2015, Fitzpatrick Sabatine`s lawyer indicated that the seller`s January 15, 2015 counter-offer was terminated and withdrawn. One of the situations that arise for the courts in the event of a special execution of an agreement to sell a property is the increase in the price of the property during the litigation. However, the courts have indicated that the exemption from the specific benefit cannot be denied solely because of the phenomenal increase in prices during the rationalization of litigation.

In such cases, the principle of equalization of actions is again applied by the courts: and before the court grants or refuses the exemption of certain benefits, the court is required to assess other decisive aspects, such as the issue. B to know who is the defaulting party, whether one party attempts to gain an unfair advantage over the other, the hardness that can result from the seller`s management of a given benefit, the unfair advantage that the buyer can obtain over the seller if a defined benefit is granted, and so on.