| Quick Links | Kent SolicitorsLatest legal news from Kent Solicitors, Kaslers Solicitors LLP.Thursday, 24 September 2009Deposit Forfeiture Special purpose vehicle (SPV)
If a buyer fails to complete the purchase of land, then the seller forfeits the deposit.
The seller will also claim damages for the losses arising, for example, in a falling market, the difference between the contractual sale price agreed and the eventual sale price That remedy will be useless if the buyer is a SPV with no other assets Contact: Simon M. Scott (Solicitor, Partner) Mobile: 07979 916619 email: ss@kaslers.co.uk Labels: deposit forfeiture, special purpose vehicle # posted by michael @ 08:00
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We are regulated by the Solicitors Regulation Authority (Reg No 408936).
The LLP Members are Michael D Breeze LL.B (Hons) (SRA Reg No 110184) and Simon McCree Scott LL.B (Hons) (SRA Reg No 298202)
Registered office and main trading address: Suite 3, 10 Churchill Square, Kings Hill, West Malling, Kent ME19 4YU
Tel: +44 (0)845 270 2511 Fax: +44 (0)845 270 2513 Mobile: 07 900 195 195 DX 92863 West Malling