The parties entered into a joint venture to build a semi-detached home, agreeing to share construction costs and for the defendant to purchase one unit.
A dispute arose over the calculation of construction costs to be equalized on closing.
The court held that the written agreement governed, rejecting the defendant's claim of an oral agreement modifying the terms.
The court provided directions on calculating construction costs, excluding property taxes and personal labour, while including utilities up to occupancy and adjusting the credit for a settlement with a concrete contractor.