Image from Google Jackets

Captiva Estates Ltd v Rybarn Ltd

Language: English Publication details: 2006Subject(s): Online resources: Summary: [2005] EWHC 2744 (TCC) 11 November 2005. R agreed to construct flats on C's land, in consideration of which C made a payment of £1 15m, and granted an option to R to purchase seven of the flats. When R commenced adjudication proceedings, C sought a declaration that the contract was excluded from the Housing Grants, Construction and Regeneration Act 1996 in that it was a development agreement within the meaning of the Construction Contracts Exclusion Order 1998. C argued that the contract included a provision for the grant or disposal of a relevant interest in land on which R had carried out construction operations, so that it fell within the ambit of the order, and that the clear intention of the parties was that the leasehold interests in the flats built by R would be transferred to R under the terms of the contract. "Held" the effect of the contract was to grant R options for the grant of leases for flats that it had built. This was a relevant interest in land for the purposes of the exclusion order, and therefore the contract was excluded from the Housing Grants, Construction and Regeneration Act, and there was no statutory right to adjudicate.
Holdings
Item type Current library Call number Copy number Status Barcode
Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 133605-1001

[2005] EWHC 2744 (TCC) 11 November 2005. R agreed to construct flats on C's land, in consideration of which C made a payment of £1 15m, and granted an option to R to purchase seven of the flats. When R commenced adjudication proceedings, C sought a declaration that the contract was excluded from the Housing Grants, Construction and Regeneration Act 1996 in that it was a development agreement within the meaning of the Construction Contracts Exclusion Order 1998. C argued that the contract included a provision for the grant or disposal of a relevant interest in land on which R had carried out construction operations, so that it fell within the ambit of the order, and that the clear intention of the parties was that the leasehold interests in the flats built by R would be transferred to R under the terms of the contract. "Held" the effect of the contract was to grant R options for the grant of leases for flats that it had built. This was a relevant interest in land for the purposes of the exclusion order, and therefore the contract was excluded from the Housing Grants, Construction and Regeneration Act, and there was no statutory right to adjudicate.