The seller's trusteeship is limited to the precise property contracted to be sold. Formerly a contract to sell property did not include the benefit of the insurance policy relating to the property1 (except where there was a special condition to that effect), but this position has been modified by statute2. Similarly, a contract to sell a property with vacant possession does not entitle the buyer to receive a payment in respect of dilapidations payable under a lease which terminates between the date of the contract and the date of completion3, and the same rule applies to a payment of
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