Michael Coaten v PBS Corporation
Language: English Publication details: 2006Subject(s): Online resources: Summary: [2006] EWHC 1781 (Ch), 18 July 2006. Concerns the interpretation of an agreement between a company owning a flat and the main occupant of the flat which gave the occupant an option to purchase the lease on the death of the owner of the company. C sold a flat to a company (P) owned by a long-standing friend, with an agreement that C claimed obliged P to sell the flat back to C, if C wanted it, on the death of the friend. P disputed this interpretation, also claiming that the correspondence that ensued did not create a contract as it did not comply with provisions of the Law of Property (Miscellaneous Provisions) Act 1989 s2. "Held": the clause at issue placed on P an immediate obligation to sell the flat to C on the death of C's friend. This interpretation was what the parties had intended commercially.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 134333-2001 |
[2006] EWHC 1781 (Ch), 18 July 2006. Concerns the interpretation of an agreement between a company owning a flat and the main occupant of the flat which gave the occupant an option to purchase the lease on the death of the owner of the company. C sold a flat to a company (P) owned by a long-standing friend, with an agreement that C claimed obliged P to sell the flat back to C, if C wanted it, on the death of the friend. P disputed this interpretation, also claiming that the correspondence that ensued did not create a contract as it did not comply with provisions of the Law of Property (Miscellaneous Provisions) Act 1989 s2. "Held": the clause at issue placed on P an immediate obligation to sell the flat to C on the death of C's friend. This interpretation was what the parties had intended commercially.