Cory (Wm) and Son Ltd v Inland Revenue Commissioners: CA 1964

Diplock LJ discussed the status of a deed delivered in escrow: ‘So long as it remains an escrow it is not yet executed as a deed; for delivery again as a deed is required before it becomes one. While an escrow it conveys nothing, it transfers nothing.’

Judges:

Diplock LJ

Citations:

[1964] 1 WLR 1332

Jurisdiction:

England and Wales

Cited by:

CitedTerrapin International Ltd v Inland Revenue Commissioners 1976
A deed had been delivered in escrow, but, before the condition was fulfilled, the rates of stamp duty changed. The parties disputed the effective date of the transaction.
Held: Walton J considered what was the effect of a deed being held in . .
CitedAlan Estates Ltd v WG Stores Ltd and Another CA 1-Jul-1981
The proposed tenant wanted to get into possession, and was given a key and paid a quarter’s rent to the lessor’s solicitors to be held as stakeholders, before the lease had been formally granted. An undated lease and counterpart were executed and . .
Lists of cited by and citing cases may be incomplete.

Contract

Updated: 31 July 2022; Ref: scu.252349