30 Jun 2001
Yau Fook Hong Co. Ltd. v. Chan Yu Ming
- Citation
- Yau Fook Hong Co. Ltd. v. Chan Yu Ming
- Court
- Court of First Instance
- Case number
- HCA7521/1997
In the absence of evidence of resale efforts the court fixed the assessment date as 26 February 1998 (date vacant possession was obtained), accepted a median open market value of HK$605,000 and calculated a deficiency of HK$264,850, but declined to finally determine the plaintiff's quantum of damages because claims on forfeiture of deposit and instalments remained unresolved and clause 20 may bar recovery of deficiency if resale did not occur within six months.