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A deposit is no longer a gamble

By: Contributor(s): Language: English Series: Property Week ; 54(4) 25 October 1996, 25(1)Publication details: 1996Subject(s): Summary: Examines the case of "Chattey and another v Farndale Holdings Inc" which clarifies the position of a purchaser who pays a deposit before the property has been built, the court finding that there was sufficient equitable interest to enforce their right, thus having purchasers` lien.
Holdings
Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS56089 (Browse shelf(Opens below)) 1 Available 21086-1001

Examines the case of "Chattey and another v Farndale Holdings Inc" which clarifies the position of a purchaser who pays a deposit before the property has been built, the court finding that there was sufficient equitable interest to enforce their right, thus having purchasers` lien.