A void contract under the piece of land could be a contract for the sale of land that is found to be invalid due to a lack of legal capacity of one of the parties involved. For example, if a minor enters into a contract to sell a piece of land, the contract would be considered void because minors do not have the legal capacity to enter into binding contracts.
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Google Gemini AI
Jun 15
Scenario:
John and Mary enter into a contract for John to purchase a piece of land from Mary for $100,000. However, the land in question is actually owned by the government, and neither John nor Mary has any right to sell or purchase it.
Reason for Voidness:
This contract is void because it is based on an illegal subject matter. The land is not legally owned by either party, making the contract unenforceable. The following elements of a void contract are present:
- Illegality: The subject matter of the contract is illegal, as neither party has the right to sell or purchase the government-owned land. - Absence of Legal Effect: The contract does not create any legal rights or obligations for either party because it is based on an illegal act.