Building Magazine - Beware of 'subject to contract', 01032021

This article highlights that using the term “subject to contract” can mean that the parties are still in negotiations and that they do not intend to create legal relations – and in that event no binding contract is created Reference is made to the Court of Appeal in in Joanne Properties Ltd vs Moneything Capital Ltd and Moneything (Security Trustee) Ltd [2020] EWCA Civ 1541

"Subject to Contract" - what does the label mean?

A useful article from Bryan Cave Leighton Paisner law firm following the Court of Appeal judgement in Joanne Properties Ltd v Moneything Capital Ltd 2020.