000 01487cab a2200193 4500
001 ABS40041
008 090401t1988 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u20932
041 _aeng
245 _aGanton House Investments Ltd v Corbin
260 _c1988
350 _a0
490 _aEstates Gazette
_v(8843) 29 October 1988, 76-84(5)
520 _aChD 21 December 1987 By these proceedings Ganton House (G) sought various declarations and an order for specific performance in regard to the exercise of an option to purchase the leasehold interest of Corbin (C) in commercial premises, consisting of a ground floor and a yard. Issue was whether conditions applicable to the contract resulting from the exercise of the option were satisfied. The contract contained the following provision: `The offer is subject only to satisfactory local searches , landlord`s consents including change of use and consent to alterations. National Conditions of Sale will apply to any purchase`. C wishing to extricate himself from the contract because he had received a better offer, raised a number of difficulties. When proceedings were brought by G, C contended that the option or resulting contract was void or, if valid, was subject to conditions which were not fulfilled and therefore failed. ChD held that the option was validly created and validly exercise
650 _aVENDOR AND PURCHASER
690 _aPROPERTY LAW AND PRACTICE-CASE LAW
942 _n0
948 _c04/03/1997
999 _c14037
_d14037