000 01647cab a2200253 4500
001 ABS49235
008 090401t1993 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u70449
041 _aeng
245 _aPitt v PHH Asset Management Ltd
260 _c1993
350 _a0
490 _aNew Law Journal
_v143(6613) 13 August 1993, 1187-118
520 _aCA 29 June 1993. P, acting as the undisclosed agent on behalf of owners of a house, placed a property on the market at £250,000. X and another party B were both interested in purchasing it and made various offers over a period of a few weeks each bettering the last. X`s final offer was £200,000 which B matched but it was X`s offer which was accepted subject to contract. Shortly after B increased their offer to £210,000 and X`s acceptance was withdrawn. An oral agreement was reached with X, confirmed by letter, that the vendor would not consider any further offers on the property on the basis that X would exchange contracts within two weeks of receipt of the contract and the old £200,00 offer was reinstated. X indicated that he was ready to exchange contracts immediately but the same day P wrote to X`s solicitors expressing their intention to accept B`s offer of £210.000. X sued P for breach of agreement. It was held that X and P had entered into a contractual relationship and gave ju
650 _aBREACH OF CONTRACT
650 _aGAZUMPING
650 _aLOCK-OUT AGREEMENTS
650 _aPROPERTY SALES
650 _aSALE AGREEMENT
650 _aVENDOR AND PURCHASER
690 _aPROPERTY LAW AND PRACTICE-CASE LAW
942 _n0
948 _c04/03/1997
999 _c44307
_d44307