1 Mar 2002
CHIU WAI LING v. CHAN YAU CHI AND ANOTHER
- Citation
- CHIU WAI LING v. CHAN YAU CHI AND ANOTHER
- Court
- District Court
- Case number
- DCCJ346/2001
Clause 7, which fixed an amount equivalent to the deposit as compensation, was not demonstrated to be a genuine pre-estimate of loss at the time of the provisional agreement and is therefore a penalty so the Plaintiff is not entitled to liquidated damages; Plaintiff is entitled to return of deposits and indemnity for stamp duty; Third Party (estate agent) did not breach a duty of care to the Defendants because it reasonably relied on the Defendants' assurance that legal advice had been obtained and estate agents are not required to verify in-depth conveyancing legal opinions.