Stamp duty evasion deplored
Stamp duty evasion deplored
- 1987
- Times 24/3/87 p37 .
In Saunders and Another v Edwards and Another , CA 13 March 1987, it was held that where, due to a vendor`s fraudulent misrepresentation , a purchaser paid a higher price for a property, the appropriate value for the purposes of awarding damages to the purchaser was the true value at completion date. The purchaser was entitled to damages equivalent to the loss suffered.
MEASURE OF DAMAGES
STAMP DUTY
VENDOR AND PURCHASER
In Saunders and Another v Edwards and Another , CA 13 March 1987, it was held that where, due to a vendor`s fraudulent misrepresentation , a purchaser paid a higher price for a property, the appropriate value for the purposes of awarding damages to the purchaser was the true value at completion date. The purchaser was entitled to damages equivalent to the loss suffered.
MEASURE OF DAMAGES
STAMP DUTY
VENDOR AND PURCHASER