20 November 2008
Midill (97PL) Ltd v (1) Park Lane Estates Ltd (2) Gomba International Investments Ltd [2008] EWCA Civ 1227, [2008] All ER (D) 99
In order for the court to exercise its discretion, under s 49(2) of the Law of Property Act 1925, to order repayment of a deposit, there has to be something special or exceptional to justify overriding the ordinary contractual expectations of the parties that the seller could retain the deposit if the buyer defaulted.
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