Q I have agreed subject to contract to sell [lease] on terms that the contract will become unconditional on the obtaining of planning permission by the buyer [lessee].
A and B enter quite informally into a joint venture that involves the acquisition of a piece of property, usually, but not necessarily, land.
You attend an auction, having been given to understand that there is no reserve price on the lot you have your eye on.
“The principle that underlies rule 6A is that it is wrong for a seller to deal simultaneously with more than one potential buyer, unless each of the buyers is made…
Thanks to the Contract (Rights of Third Parties) Act 1999 a contract can expressly and effectively declare that it is enforceable by one or more third parties.