Hearings
England & Wales
02 Dec 2014 [2014] EWHC 3947 (Ch); [2015] Ch 417; [2015] 2 WLR 1239; [2014] WLR (D) 514, Ch D (Amanda Tipples QC sitting as a deputy judge of the Chancery Division)
Hardy v Griffiths
Subject Matter
VENDOR AND PURCHASER — Sale of land — Deposit — Contract for sale of land providing for deposit of less than 10% — Purchasers’ obligation to pay further deposit equal to balance of 10% deposit on being served with notice to complete — Vendors rescinding contract after purchasers’ failure to comply with notice to complete — Whether rescission of contract precluding recovery of unpaid balance of deposit — Whether vendor entitled to claim rescission and payment of further deposit — Standard Conditions of Sale (4th ed), conds 6.8.3(b), 7.5.2(a)(iii)