DATE: 13 Oct 2010
Overage provisions in a transfer provided for the calculation and payment of overage on the sale of the last house on a development. In an attempt to escape from any liability to pay the overage the developer failed to sell the last houses. Anthony Elleray QC (sitting as a Deputy Judge of the High Court) held that a term should be implied requiring the developer to complete and sell the houses as soon as reasonably practicable.
