| 000 | 01602cab a2200265 4500 | ||
|---|---|---|---|
| 001 | ABS59221 | ||
| 008 | 090401t1998 xxu||||| |||| 00| 0 eng d | ||
| 035 | _a(Sirsi) u88000 | ||
| 041 | _aeng | ||
| 245 | _aPortman Building Society v Hamlyn Taylor Neck | ||
| 260 | _c1998 | ||
| 350 | _a0 | ||
| 490 |
_aEstates Gazette _v[1998] 31 EG 102-105(4) |
||
| 520 | _aCA 22 April 1998. P loaned £93,000 to B upon security of a property, subject to a strict condition that the property would be used solely for B`s private occupation. Having discoverd B was using the property as a guest house, P recovered possession and sold the property at a loss. The defendant solictors (H) had acted for B and had completed a standard form of report on title confirming that P`s conditions of advance had been complied with. H did not tell P that the purchase had been apportioned between the property and goodwill of the business. P sought to recover its losses from H. The Vice-Chancellor struck out the claim and P appealed. "Held" a restitutionary remedy requires that a person has been unjustly enriched at the expense of the plaintiff. H had not been enriched by receipt of the advance. H was liable to account for the money but there was nothing due to P if an account was taken. Appeal dismissed. | ||
| 650 | _aBUSINESS USE | ||
| 650 | _aCONDITIONS | ||
| 650 | _aMORTGAGE ADVANCES | ||
| 650 | _aNON-COMPLIANCE | ||
| 650 | _aRESIDENTIAL USE | ||
| 650 | _aRESTITUTION | ||
| 650 | _aSOLICITORS | ||
| 690 | _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE | ||
| 942 | _n0 | ||
| 948 | _c14/08/1998 | ||
| 999 |
_c55558 _d55558 |
||