Respecter of persons
Respecter of persons
- 2002
- Estates Gazette (0216) 20 April 2002, 179(1) .
The Court of Appeal has recently ruled in "Braymist Ltd v Wise Finance Co Ltd" (2002) that a developer is not entitled to withdraw from an agreement for the purchase of land. The main points being that a person who contracts for a company not yet incorporated has rights as well as liabilities on that contract, and that such a person's signature is enough to validate a sale of land.
LIABILITIES
BRAYMIST LTD V WISE FINANCE CO LTD
LAW REFORM (MISCELLANEOUS PROVISIONS) ACT 1989
COMPANIES ACT 1985
SIGNATURES
SALE OF LAND
DEVELOPERS
The Court of Appeal has recently ruled in "Braymist Ltd v Wise Finance Co Ltd" (2002) that a developer is not entitled to withdraw from an agreement for the purchase of land. The main points being that a person who contracts for a company not yet incorporated has rights as well as liabilities on that contract, and that such a person's signature is enough to validate a sale of land.
LIABILITIES
BRAYMIST LTD V WISE FINANCE CO LTD
LAW REFORM (MISCELLANEOUS PROVISIONS) ACT 1989
COMPANIES ACT 1985
SIGNATURES
SALE OF LAND
DEVELOPERS