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Auctioneers and careless advice

Language: English Series: Estates Gazette ; (9542) 21 October 1995, 133(1)Publication details: 1995Subject(s): Summary: Examines the case of "McAnarney v Hanrahan and T E Potterton Ltd" where an auctioneer informed a purchaser that the freehold of a property they wished to purchase would cost £3,000. The plaintiffs bought the property and later applied to purchase the freehold, finding out that the acutal asking price was £40,000.

Examines the case of "McAnarney v Hanrahan and T E Potterton Ltd" where an auctioneer informed a purchaser that the freehold of a property they wished to purchase would cost £3,000. The plaintiffs bought the property and later applied to purchase the freehold, finding out that the acutal asking price was £40,000.