Collateral contracts
Language: English Series: Times ; 21 December 1991, 26(1)Publication details: 1991Subject(s): Summary: In Record v Bell ChD 5 October it was held that where a contract in two parts for the sale of land , signed by the respective parties, was awaiting exchange and the vendor then offered a warranty as to the state of his title in order to induce the purchaser to exchange, the purchaser`s acceptance of that offer could amount to a collateral contract outside the provisions of Law of Property (Miscellaneous Provisions) Act 1989 s2 .| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2701-46 (Browse shelf(Opens below)) | 1 | Available | 65186-1001 |
In Record v Bell ChD 5 October it was held that where a contract in two parts for the sale of land , signed by the respective parties, was awaiting exchange and the vendor then offered a warranty as to the state of his title in order to induce the purchaser to exchange, the purchaser`s acceptance of that offer could amount to a collateral contract outside the provisions of Law of Property (Miscellaneous Provisions) Act 1989 s2 .