000 01652cab a2200253 4500
001 ABS41411
008 090401t1989 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u29982
041 _aeng
245 _aCEMP Properties Ltd v Dentsply Research and Development Corp... (No 2)
260 _c1989
350 _a0
490 _aEstates Gazette
_v(1989) 36 EG 90-100; 37 EG 126-133(10)
520 _aChD 24 February 1989. The second stage of proceedings brought by a purchaser (C) against a vendor (D). Litigation arose out of statements made before a contract, for the sale of premises in Soho . In the first stage of the proceedings, C`s claim for misrepresentation was upheld. In the second stage, the point at issue was quantification of damages . The misrepresentation related to failure to disclose deeds which revealed rights to light and air, enjoyed by the property adjoining C`s. C had started re development work these rights were revealed; consequently the schemes had to be partially redesigned and completion was delayed. Three alternative bases of claim were put forward: 1) £514,984 on the developer`s loss basis ; 2) £750,000 onjthe market value basis or 3)£854,471 on the hybrid basis. The judge emphasised the difficulty in making residual valuation s of prospective developments, because so much is based on assumption. In the end damages were assessed on the additional constru
650 _aNEGLIGENCE
650 _aPROPERTY
650 _aRIGHT TO AIR
650 _aRIGHT TO LIGHT
650 _aValuation
_96273
650 _aVENDOR AND PURCHASER
690 _aLAND-CASE LAW
942 _n0
948 _c04/03/1997
999 _c20178
_d20178