What is the test for a binding contract for the sale of land?

British Columbia, Canada


The following excerpt is from 0737631 B.C. Ltd. v. Mason, 2009 BCSC 272 (CanLII):

The leading case is McKenzie v. Walsh (1920), 1920 CanLII 72 (SCC), 61 S.C.R. 312, which sets out the proposition a binding contract for the sale of land must include three essential terms: parties, property and price. The agreement of the parties in this case supplies all three.

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