000 01297cam a2200229 4500
001 ABS64599
008 011003n2001 000 0 eng u
035 _a(Sirsi) u114972
245 _aAubergine Enterprises Ltd v Lakewood International Ltd
260 _c2001
490 _aEstates Gazette
_v[2001] 39 EG, 141-150(10)
520 _aChD 21 February 2001. Buyer (A) entered into a contract with seller (B) to acquire, by assignment, a 125-year lease of a property. The agreement made provision for obtaining the landlords' consent to the proposed assignment. The landlords gave their consent "in principle", but later refused to provide the executed licence because a rent deposit deed and certain assurances had not been given. B contended it was entitled to rescind and recover its deposit, since the landlords' formal consent had not been obtained on time. "Held": The buyer was not entitled to rescind. Once the landlords had given their consent "in principle" this could not be revoked by subsequent letters.
590 _aABS
650 _aAUBERGINE ENTERPRISES LTD V LAKEWOOD INTERNATIONAL LTD
650 _aLANDLORDS
650 _aContracts
_96232
650 _aLEASE
650 _aSALE
650 _aRECISSION
690 _aPROPERTY AND LAND LAW-CASE LAW
942 _n0
999 _c68456
_d68456