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Limitations of the Act

By: Contributor(s): Series: Estates Gazette ; (0045) 11 November 2000, 172-173(2)Publication details: 2000Subject(s): Summary: Looks at the Contracts (Rights of Third Parties) Act 1999 in the context of property transactions. To date, the Act has had a limited effect on property transactions, and practitioners have excluded the application of the Act from their documentation. Suggests this has been a hasty approach, and examines four key areas where the Act could have a positive impact for practitioners and their clients: freehold covenants; leases and subleases; collateral warranties; section 106 agreements.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS63200 (Browse shelf(Opens below)) 1 Available 109468-1001

Looks at the Contracts (Rights of Third Parties) Act 1999 in the context of property transactions. To date, the Act has had a limited effect on property transactions, and practitioners have excluded the application of the Act from their documentation. Suggests this has been a hasty approach, and examines four key areas where the Act could have a positive impact for practitioners and their clients: freehold covenants; leases and subleases; collateral warranties; section 106 agreements.