The online resource for UK Property Law

Laches and estoppel

Patel v Shah [2005] EWCA Civ 157 Facts A joint venture to purchase properties went wrong when the market fell in the 1990s. The joint venture gave rise to a resulting trust under which the various parties had an equitable interest in the properties. When things went wrong an arrangement was made to retain the properties, rather than sell them sell at a loss, even though the rents received did not meet all the liabilities. The parties agreed to shoulder…

You must be logged in to view this content.

This content is available on our subscription plans - join today for full access to the legal library