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Respecter of persons

Series: Estates Gazette ; (0216) 20 April 2002, 179(1)Publication details: 2002Subject(s): Summary: The Court of Appeal has recently ruled in "Braymist Ltd v Wise Finance Co Ltd" (2002) that a developer is not entitled to withdraw from an agreement for the purchase of land. The main points being that a person who contracts for a company not yet incorporated has rights as well as liabilities on that contract, and that such a person's signature is enough to validate a sale of land.

The Court of Appeal has recently ruled in "Braymist Ltd v Wise Finance Co Ltd" (2002) that a developer is not entitled to withdraw from an agreement for the purchase of land. The main points being that a person who contracts for a company not yet incorporated has rights as well as liabilities on that contract, and that such a person's signature is enough to validate a sale of land.