GOOD FAITH PROPERTIES LTD AND OTHERS v. CIBEAN DEVELOPMENT CO LTD
The tribunal found that the parties, by the concession recorded on 1 November 2012, agreed to accept Mr Lai's assessment of the internal condition of the units including the reference unit, and therefore the Tribunal will proceed on that basis without inspecting every unit.
- Citation
- GOOD FAITH PROPERTIES LTD AND OTHERS v. CIBEAN DEVELOPMENT CO LTD
- Parties
- Applicant: Applicant; Respondent: Respondent
- Court
- Lands Tribunal
- Jurisdiction
- Hong Kong
- Judgment Date
- 28 February 2013
- Case Number
- LDCS42000/2011
- Procedural Posture
- Lands Tribunal Reference (land Valuation/compensation) / Hearing (reasons for Decision)
- Outcome
- Tribunal accepts that the parties agreed to proceed on the basis that Mr Lai's assessment of the internal condition of the units including the reference unit is accepted
- Legal Topics
- Expert Evidence, Agreement on Facts, Site Inspection, Comparables, Statement of Disagreement, Internal Condition Assessment
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Applicant
Applicant
Respondent
Respondent
Procedural Posture
Lands Tribunal Reference (land Valuation/compensation) / Hearing (reasons for Decision)
Legal Issues
- 1 Whether the parties agreed to accept Mr Lai's assessment of the internal condition of the units including the reference unit
- 2 Interpretation of Paragraph 10(d) of the Statement of Disagreement
- 3 Whether the alleged agreement removes the need for site inspection of every unit
Ratio Decidendi
The tribunal found that the parties, by the concession recorded on 1 November 2012, agreed to accept Mr Lai's assessment of the internal condition of the units including the reference unit, and therefore the Tribunal will proceed on that basis without inspecting every unit.
Court Disposition
Tribunal accepts that the parties agreed to proceed on the basis that Mr Lai's assessment of the internal condition of the units including the reference unit is accepted
Orders
- Proceed on the basis that Mr Lai's assessment of the internal condition of the units including the reference unit is accepted by both parties
- No site inspection of every unit is required for the purpose of determining internal condition
Full Case Text
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