Madness in the method
Knight, S.
Madness in the method - 2001 - Estates Gazette (0145) 10 November 2001, 136(1) .
The case of "Lady Manor Ltd v Fat Cat Café Bars Ltd" (West London County Court, Abs64439) has created much interest and also prompted a fresh look at the methods used by agents. The main point arising from the "Fat Cat" case is that agents cannot provide unsolicited information and then demand payment. The article states that agents should make it clear that they want to effect an introduction and that they are acting on behalf of the prospective tenant or purchaser. Suggests a series of steps that should be taken to ensure that each party is clear about the services being provided. Concludes with a look at how many retailers and leisure operators are frustrated by the methods used by introducing agents
LADY MANOR LTD V FAT CAT CAFE BARS
INTRODUCTORY FEES
ESTATE AGENTS
NON-RETAINED AGENTS
COMMISSIONS
ENTITLEMENT
PROPERTY TRANSACTIONS
Madness in the method - 2001 - Estates Gazette (0145) 10 November 2001, 136(1) .
The case of "Lady Manor Ltd v Fat Cat Café Bars Ltd" (West London County Court, Abs64439) has created much interest and also prompted a fresh look at the methods used by agents. The main point arising from the "Fat Cat" case is that agents cannot provide unsolicited information and then demand payment. The article states that agents should make it clear that they want to effect an introduction and that they are acting on behalf of the prospective tenant or purchaser. Suggests a series of steps that should be taken to ensure that each party is clear about the services being provided. Concludes with a look at how many retailers and leisure operators are frustrated by the methods used by introducing agents
LADY MANOR LTD V FAT CAT CAFE BARS
INTRODUCTORY FEES
ESTATE AGENTS
NON-RETAINED AGENTS
COMMISSIONS
ENTITLEMENT
PROPERTY TRANSACTIONS