000 01484cab a2200193 4500
001 ABS39757
008 090401t1988 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u18819
041 _aeng
245 _aTenenbaum v Garrod
260 _c1988
350 _a0
490 _aEstates Gazette
_v(8835) 3 September 1988, 77-83(4)
520 _aCA 19 May 1988. An appeal from a decision in the ChD dismissing the plaintiff`s (T) claim alleging negligence against the defendant (G). Briefly, the family company was being liquidated and the liquidator was to dispose of property which comprised factory buildings and undeveloped land. The appellant (the present plaintiff) (T) agreed with the liquidator to purchase the property for £640,000. T subsequently withdrew his offer and made a revised offer of £400,000. This revised offer followed upon a letter from the respondent estate agent (the present defendant) (G), who wrote that considering the state of the property and market conditions "a realistic value for your purposes in the long term is £400,000." The liquidator rejected the offer and sold the property for £730,000. T claimed he had relied on this letter and sought damages in negligence against G. The judge accepted G`s evidence that the letter was not intended as a genuine independent valuation ; that it was known by T to be
650 _aPROPERTY SALE
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942 _n0
948 _c04/03/1997
999 _c12521
_d12521