Wills & Trusts Law Reports | Summer 2017 #168On 20 December 1996 the first defendant settled £150,000 on an accumulation and maintenance trust for the benefit of inter alia the second and third claimant (‘the settlement’). On 11 April 1997 a lease of a certain property was granted to the first defendant. This lease was capable of being enfranchised under the Leasehold Reform Act 1967 (‘the 1967 Act’) such as to enable the first defendant to obtain the freehold interest in the property. On 19 June 1997, the freehold reversion of the lease was sold to the original trustees of the Settlement. On 25 June 1997, t...
Sandra Clarke examines the factors that determine a contract for the disposition of an interest in land ‘The essential terms for a valid contract to sell land are the parties, the property and the consideration.’ The recent Court of Appeal decision in Rollerteam Ltd v Riley [2016] adds to the decided cases surrounding s2(1), Law …
Continue reading "Contract: A question of interpretation"
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Graham Fife reviews the decision in Ridgewood v Valero and its implications for landlord’s obligations ‘Parties negotiating to receive an option which includes positive obligations from the landowner should consider including a covenant by the landowner not to dispose of the property without procuring a direct covenant from the disponee to the beneficiary.’ The High …
Continue reading "Landlord And Tenant: Much obliged"
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