Home > Cases > Renewal v Lowry [2010] EWHC 2902 (Ch)

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.

icon-accordion-chevron icon-arrow-left icon-arrow-right icon-chevron-down icon-chevron-left icon-cross icon-download icon-letter icon-linked-in icon-phone-outline icon-phone icon-search icon-search icon-select-chevron icon-top-right-corner icon-twitter