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FELSAN REALTY v. COMMONWEALTH OF AUSTRALIA

This case has been cited 1 times or more.

2010-06-16
ABAD, J.
One. Unless the terms of a contract are against the law, morals, good customs, and public policy, such contract is law between the parties and its terms bind them.[12] In Felsan Realty & Development Corporation v. Commonwealth of Australia,[13] the Court regarded as valid and binding a provision in the lease contract that allowed the lessee to pre-terminate the same when fire damaged the leased building, rendering it uninhabitable or unsuitable for living.