Double standards
Series: Estates Gazette ; (0412) 20 March,169(1)Publication details: 2004Subject(s): Online resources: Summary: Examines ways in which residential estate agents have extracted payment for their services from reluctant payers by attempting to have the vendor's solicitor hold the purchase price on trust or as in many cases by recourse to the County Court. Another method, namely the application of an early payment discounted commission rate, was judged to be unfair in the recent case "Bairstow Eves London Central Ltd v Smith" ([2004] EWHC 263 (QB), [2004] PLSCS 47).Provision for double commission in the event of late payment is potentially unfair and unfair contractual terms are not binding on the consumer under the Unfair Terms in Consumer Contracts Regulations 1999 Reg 5(1). View "Bairstow Eves" judgment at www.bailii.org.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67659 (Browse shelf(Opens below)) | 1 | Available | 125624-1001 |
Examines ways in which residential estate agents have extracted payment for their services from reluctant payers by attempting to have the vendor's solicitor hold the purchase price on trust or as in many cases by recourse to the County Court. Another method, namely the application of an early payment discounted commission rate, was judged to be unfair in the recent case "Bairstow Eves London Central Ltd v Smith" ([2004] EWHC 263 (QB), [2004] PLSCS 47).Provision for double commission in the event of late payment is potentially unfair and unfair contractual terms are not binding on the consumer under the Unfair Terms in Consumer Contracts Regulations 1999 Reg 5(1). View "Bairstow Eves" judgment at www.bailii.org.