Behzadi v Shaftesbury Hotels Ltd
Behzadi v Shaftesbury Hotels Ltd
- 1990
- New Law Journal (1990) NLJ 1285-1386(2) .
CA 31 July 1990. On 20 June 1988 the vendor (S) entered into a contract with the purchaser (B). for the sale of a hotel business and three properties. It was agreed that B should pay a deposit of £120,000; that the title would be deduced according to the Land Registration Act 1925 s110 and that completion should take place on 31 August within 28 days of notification by S that planning permission or established use certificates had been received for each property. The contract was void if these were not received by 31 October. Title was not able to be proved immediately due to registration of an earlier mortgage and amalgamation of two of the properties into one being processed by the Land Registry . B required proof of title by 26 August and on 30 August wrote to S`s solicitors giving further notice making time of the essence and requiring the title to be proved within seven days. This was not managed so on 7 September B rescinded the contract and demanded return of the deposit . S c
PROPERTY SALES
VENDOR AND PURCHASER
CA 31 July 1990. On 20 June 1988 the vendor (S) entered into a contract with the purchaser (B). for the sale of a hotel business and three properties. It was agreed that B should pay a deposit of £120,000; that the title would be deduced according to the Land Registration Act 1925 s110 and that completion should take place on 31 August within 28 days of notification by S that planning permission or established use certificates had been received for each property. The contract was void if these were not received by 31 October. Title was not able to be proved immediately due to registration of an earlier mortgage and amalgamation of two of the properties into one being processed by the Land Registry . B required proof of title by 26 August and on 30 August wrote to S`s solicitors giving further notice making time of the essence and requiring the title to be proved within seven days. This was not managed so on 7 September B rescinded the contract and demanded return of the deposit . S c
PROPERTY SALES
VENDOR AND PURCHASER