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News - By: Andrew Davis

Estate agents’ duties and entitlement to commission on abortive sales

News | 25th Nov 2011

Foxtons v O’Reardon [2011] EWHC 2946 (QB) Foxtons introduced a purchaser who agreed to buy the Defendants’ property for £3.3 million in July 2007. Contracts were exchanged (entitling the Defendants to payment of a 5% deposit into a stakeholder account) but the purchaser failed to complete the sale. In June 2011, following protracted but ultimately […]

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