000			01192cam a2200241 4500
001			WB3826-20
008			020715n2002 000 0 eng u
035			_a(Sirsi) u118837
245			_aDeposits at stake
260			_c2002
490			_aEstates Gazette _v(0228) 13 July 2002, 125(1)
520			_aDiscusses the customary purchase deposit when contracts are exchanged on a sale of land and the once common estate agent practice of seeking a small holding deposit from potential purchasers during sale negotiations, the latter sometimes resulting in agent default. Considers recent CA decision "Gribbon v Lutton" which is of considerable importance for future practice in this area, in which the defendants (L) were held to be negligent by failing to secure an enforceable bipartite agreement under which the deposit would have been forfeited had the purchaser failed to purchase the land.
590			_aWB
650			_aSORRELL V FINCH
650			_aGRIBBON V LUTTON
650			_aSTAKEHOLDER DEPOSITS
650			_aDEPOSITS
650			_aAGENT DEFAULT
650			_aINTERPLEADER PROCEEDINGS
650			_aESTOPPEL
690			_aPROPERTY AND LAND LAW-CASE LAW
942			_n0
999			_c70734 _d70734