The WLR Daily case summaries
[2011] WLR (D) 341
VENDOR AND PURCHASER— Deposit— Forfeiture— Defendant agreeing to grant claimants option to purchase property and refrain from marketing property elsewhere— — Claimants agreeing to pay defendant non-refundable deposit— — Agreement made orally and lacking contractual effect— — Claimants withdrawing from purchase— — Whether deposit repayable— — Law of Property (Miscellaneous Provisions) Act 1989, s 2