Annual Conference – sale contracts – are you in or are you out?

 

Introduction

In an ever changing market proposed property sales frequently become the subject of disputes, whether by those seeking to withdraw from a deal or those seeking to enforce it. This seminar will explore some of the interesting issues that might arise in such disputes with reference to recent cases.

Compliance with formalities?

The first port of call is to ask whether the contract is valid. S. 2 of the Law of Property (Miscellaneous Provisions) Act 1989 provides:

“A contract for the sale or other disposition of an interest in land can only be made in writing and only by incorporating all the terms which the parties have expressly agreed in one document or, where contracts are exchanged, in each.”

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