An unpaid vendor’s lien arises the moment the contract is entered into. It is discharged on completion to the extent that the purchase money is paid.
Citations:
[1959] Ch 523, [1958] 2 All ER 397
Cited by:
Approved – London and Cheshire Insurance Co Ltd v Laplagrene Property Co Ltd ChD 1971
. .
Cited – Scott v Southern Pacific Mortgages Ltd and Others SC 22-Oct-2014
The appellant challenged a sale and rent back transaction. He said that the proposed purchaser had misrepresented the transaction to them. The Court was asked s whether the home owners had interests whose priority was protected by virtue of section . .
Lists of cited by and citing cases may be incomplete.
Land
Updated: 11 May 2022; Ref: scu.553542
