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Real estate industry

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Lock-outs: the purchaser's remedy

Article Abstract:

The decision of the House of Lords in Walford v Miles (1992) 1 EGLR 207 was very significant in indicating that a 'lock-out' agreement which obliges a vendor to make a commitment to a prospective purchaser not to negotiate with anyone else can constitute a legally binding contract. It is likely that prospective purchasers who find that a property may be sold to someone else will wish to stop such a deal going ahead. This could present legal complications, as reflected in Tye v House (1997) 41 EG 160.

Author: Murdoch, Sandi, Murdoch, John
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
Real Estate, Real Estate and Rental and Leasing, Real estate industry

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Basic requirements

Article Abstract:

Issues concerning the law governing the enforcement of building contracts are discussed. The rulings by the House of Lords on the recovery of damages for a breach of contract are examined in detail.

Author: Murdoch, John
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2000
Interpretation and construction, Building law, Building codes

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Losing out in the race

Article Abstract:

Issues are presented concerning the liability of solicitors to pay damages to contract race losers. The calculation of damages and the factors on which they are based are discussed.

Author: Murdoch, John
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2000
Damages, Damages (Law)

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Subjects list: Laws, regulations and rules, Breach of contract, Contracts
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