The appellant sought to purchase real property from the respondent under an offer accepted on October 10, 2015, which included a due diligence clause requiring written notice within 30 days that the condition was satisfied.
The appellant failed to provide such notice by the deadline of November 9, 2015.
Subsequently, the appellant submitted an amendment to the agreement that purported to extend the due diligence period to 60 days.
The application judge found that a new agreement had been created.
The Court of Appeal allowed the appeal, finding that the application judge erred by failing to properly consider the distinction between resurrection of the original agreement and creation of a new agreement, and by not adequately addressing the parties' intentions regarding the fact that the original agreement had become null and void.
The matter was remitted to proceed by action.