If a local authority1 has acquired land2 under the National Parks and Access to the Countryside Act 1949, or appropriated land for purposes for which land can be acquired under that Act, and the land was acquired or appropriated for a purpose involving its disposal or for a purpose which, in the authority's opinion, can best be achieved by its disposal, then the authority may3 dispose4 of the land to such person and in such manner and subject to such conditions as may appear to it to be expedient in order to secure that it will be best dealt
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What is rescission of a contract?The remedy of rescission is available to a party whose consent, in entering into a contract, has been invalidated in some way:•the effect of rescinding a contract is to extinguish it and restore the parties to their pre-contractual positions•the main grounds of
The right to notice means a right for the employee to remain in employment for the period of notice, not simply to be paid for it. An employer will therefore often include in the contract an express right to make a payment in lieu of notice ('PILON') as an alternative to giving notice, to ensure
This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions typically found in an escrow
Disposal and devolutionThe equity of redemption arises as soon as the mortgage is made. It is an interest in the land which the mortgagor can:•transfer, lease or mortgage inter vivos, or•by will (it passes on intestacy)No cloggingIt is a fundamental principle of a mortgage that there must be no clog
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