Workers Trust & Merchant Bank Ltd v Dojap Investments Ltd

Subject Matter

VENDOR AND PURCHASER — Deposit — Forfeiture — Contract for sale of land providing for deposit of 25 per cent of purchase price — Purchaser failing to complete — Vendor rescinding contract — Whether deposit reasonable — Whether vendor entitled to forfeit deposit — Whether purchaser entitled to relief with interest from date of rescission — Jamaica

[1993] AC 573; [1993] 2 WLR 702