A deposit is no longer a gamble
Shea, C.
A deposit is no longer a gamble - 1996 - Property Week 54(4) 25 October 1996, 25(1) .
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.
CHATTEY AND ANOTHER V FARNDALE HOLDINGS INC
DEPOSITS
PURCHASERS LIEN
UNBUILT PROPERTY
A deposit is no longer a gamble - 1996 - Property Week 54(4) 25 October 1996, 25(1) .
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.
CHATTEY AND ANOTHER V FARNDALE HOLDINGS INC
DEPOSITS
PURCHASERS LIEN
UNBUILT PROPERTY