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Case news BBS Fashion Merchandising v Urban Regeneration Agency

By: Language: English Series: Property Week ; 71(44) 24 November 2006, 72(1)Publication details: 2006Subject(s): Summary: The Urban Regeneration Agency has been ordered to pay more than £200,000 it retained for a three month period against the purchase price of a property in lieu of the carrying out of an environmental survey. The agency claimed that it had a further three months to pay the £200,000, but the court ruled that BBS was entitled to receive the remaining money after three months, not six.
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Journal article London Journal article L135844 (Browse shelf(Opens below)) 1 Available 135844-1001

The Urban Regeneration Agency has been ordered to pay more than £200,000 it retained for a three month period against the purchase price of a property in lieu of the carrying out of an environmental survey. The agency claimed that it had a further three months to pay the £200,000, but the court ruled that BBS was entitled to receive the remaining money after three months, not six.