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Vendor`s solicitor is stakeholder

Language: English Series: New Law Journal ; vol 137 no 6289, 23/1/87 p79-80 (2)Publication details: 1987Subject(s): Summary: A report of the case Tudor v Hamid and Others CA 21 November 1986 in which it was held that where a vendor`s solicitor holds the purchase price of land as a stakeholder and not as an agent , he is entitled to release it to the vendor when the vendor has fully performed his obligation to assign the property.

A report of the case Tudor v Hamid and Others CA 21 November 1986 in which it was held that where a vendor`s solicitor holds the purchase price of land as a stakeholder and not as an agent , he is entitled to release it to the vendor when the vendor has fully performed his obligation to assign the property.