Earl Cadogan v Pitts & Anor (Record no. 109132)

MARC details
000 -LEADER
fixed length control field 02531cad a22002895a 4500
001 - CONTROL NUMBER
control field L146351
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090112e20081210xxk f v 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u146351
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 00 - TITLE STATEMENT
Title Earl Cadogan v Pitts & Anor
Remainder of title Earl Cadogan & Ors v Sportelli & Anor and two other actions
Medium [electronic resource]
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2008
520 ## - SUMMARY, ETC.
Summary, etc. [2008] UKHL 71, 10 December 2008. In determining the price paid by nominee purchasers exercising a right to collective enfranchisement, hope value attributable to the possibility of non-participating tenants wishing to obtain new leases of their flats in the open market could be taken into account. The House of Lords had to decide (in five joined appeals), whether appellant landlords (C) were entitled to take hope value into account as an element when valuing their respective freeholds. Held: appeals allowed in part. Marriage and hope value were excluded from being taken into account when assessing the price payable for the purchase of the freehold. This was based on common sense and 'natural meaning' of the legislation involved. If marriage value was taken into account, it was logically impossible for hope value to also be factored in. As tenants would pay half the marriage value in the market, it made no sense that he would pay more while not being in the market, but with the possibility of being so in future. It would have been unfair to legislate to exclude from the valuation any consideration that the hypothetical purchaser might hope to sell the freehold to the tenants at a price enhanced by the marriage value, but not to exclude the prospect of selling them a lesser reversionary interest at a price improved by marriage value.
521 ## - TARGET AUDIENCE NOTE
Target audience note Advanced
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element IRC V CLAY
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LEASEHOLD REFORM ACT 1967
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element EARL CADOGAN V PITTS & ANOR AND EARL CADOGAN & ORS V SPORTELLI & ANOR AND TWO OTHER ACTIONS
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element COMMONHOLD AND LEASEHOLD REFORM ACT 2002 S145
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CUSTINS V HEARTS OF OAK BENEFITS SOCIETY
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element HOUSING ACT 1969 S82
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element HOUSING ACT 1974
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England and Wales
Chronological subdivision 1543-
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element RESIDENTIAL PROPERTY-RESIDENTIAL LANDLORD AND TENANT-RESIDENTIAL LEASES-RESIDENTIAL LEASEHOLD ENFRANCHISEMENT
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.publications.parliament.uk/pa/ld200809/ldjudgmt/jd081210/earl.pdf">https://www.publications.parliament.uk/pa/ld200809/ldjudgmt/jd081210/earl.pdf</a>
Public note View the item free of charge at www.publications.parliament.uk...
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     Virtual Virtual Online 12/01/2009   ONLINE PUBLICATION 146351-1001 06/08/2019 1 06/08/2019 Book