Case news Ruddick v Ormston
Language: English Series: Property Week ; 70(50) 16 December 2005, 62(1)Edition: Subject(s): Summary: Reports on Ruddick v Ormston ([2005] EWHC 2547 (Ch), 15 November 2005). The claimant (R) recorded the terms of sale for a house owned by O on two pages of his diary, Subsequently O had the house valued for a much larger sum and consequently did not proceed with the sale. R issued proceedings for the court to enforce the contract. "Held": case dismissed. The contract was not enforcable because it did not meet the statutory requirements. However R had not taken unfair advantage of O and owed him no duty to warn that the price he was willing to agree was below market value. O was therefore free to sell the property elsewhere for a higher price.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L131987 (Browse shelf(Opens below)) | 1 | Available | 131987-1001 |
Reports on Ruddick v Ormston ([2005] EWHC 2547 (Ch), 15 November 2005). The claimant (R) recorded the terms of sale for a house owned by O on two pages of his diary, Subsequently O had the house valued for a much larger sum and consequently did not proceed with the sale. R issued proceedings for the court to enforce the contract. "Held": case dismissed. The contract was not enforcable because it did not meet the statutory requirements. However R had not taken unfair advantage of O and owed him no duty to warn that the price he was willing to agree was below market value. O was therefore free to sell the property elsewhere for a higher price.