Chattey and another v Farndale Holdings Inc and others
Chattey and another v Farndale Holdings Inc and others
- 1997
- Estates Gazette [1997] 06 EG 152-160(9) .
CA 11 October 1996. Appellant signed contracts with PWA to take subunderleases of flats to be constructed. Contracts, which were conditional on the granting of planning permission, made provision for a deposit of 20%. PWA became insolvent and the plaintiffs appealed the decision to dismiss their claim for return of their deposits, contending they had liens on the property to protect the deposits. "Held" the purchasers of flats to be constructed are entitled to lien to secure their deposits.
CHATTEY AND ANOTHER V FARNDALE HOLDINGS INC AND OTHERS
DEPOSITS
LAND REGISTRATION ACT 1925 S70
LIEN
UNBUILT PROPERTY
CA 11 October 1996. Appellant signed contracts with PWA to take subunderleases of flats to be constructed. Contracts, which were conditional on the granting of planning permission, made provision for a deposit of 20%. PWA became insolvent and the plaintiffs appealed the decision to dismiss their claim for return of their deposits, contending they had liens on the property to protect the deposits. "Held" the purchasers of flats to be constructed are entitled to lien to secure their deposits.
CHATTEY AND ANOTHER V FARNDALE HOLDINGS INC AND OTHERS
DEPOSITS
LAND REGISTRATION ACT 1925 S70
LIEN
UNBUILT PROPERTY