Commercial Leases
Contracts – sale of land – overage payments – interpretation
Burrows Investments Ltd v Ward Homes Ltd [2017] EWCA Civ 1577 (20 October 2017)
In our last two issues we drew attention to a series of recent cases concerning overage payments. Now the Court of Appeal has just issued a judgment on a further case where the main focus was on the proper construction of the terms of the contract. We summarise the case in brief to raise awareness.