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`Subject to contract` ambiguous

Language: English Series: Chartered Surveyor Weekly ; 40(10) 3 September 1992, 64(1)Publication details: 1992Subject(s): Summary: Preliminary attention in "Fraser Williams (Southern) Ltd v Prudential Holborn Ltd" HC 22 July 1992, was taken up with a decision as to whether the phrase `subject to contract` in correspondence required a formal contract or that a letter, arguably a letter of intent, could be taken as binding.

Preliminary attention in "Fraser Williams (Southern) Ltd v Prudential Holborn Ltd" HC 22 July 1992, was taken up with a decision as to whether the phrase `subject to contract` in correspondence required a formal contract or that a letter, arguably a letter of intent, could be taken as binding.