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Whether a buyer could delay an overage payment where there was no express obligation to sell (High Court)

Practical Law UK Legal Update Case Report w-010-6099 (Approx. 6 pages)

Whether a buyer could delay an overage payment where there was no express obligation to sell (High Court)

In Sparks v Biden [2017] EWHC 1994 (Ch), the High Court considered whether a term should be implied into overage provisions obliging the buyer of a piece of land to market and sell its newly constructed houses within a reasonable period of time.

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Resource ID w-010-6099
© 2024 Thomson Reuters. All rights reserved.
Published on 29-Sep-2017
Resource Type Legal update: case report
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