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Agreement for lease

Language: English Series: Estates Gazette Case Summaries ; (1994) EGCS 211(1) (7/1/95)Publication details: 1994Subject(s): Summary: "Paper Properties Ltd v Power Corporation plc and another" CA 15 December 1994. The defendants (PC) bought the freehold of a property from PP with an agreement to make a further payment if a sale or letting was arranged within a specified time. This was achieved and an initial payment made. Dispute arose over secondary payments and PP successfully appealed against a decision of the High Court.

"Paper Properties Ltd v Power Corporation plc and another" CA 15 December 1994. The defendants (PC) bought the freehold of a property from PP with an agreement to make a further payment if a sale or letting was arranged within a specified time. This was achieved and an initial payment made. Dispute arose over secondary payments and PP successfully appealed against a decision of the High Court.