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Law of Property Act 1925

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Law of Property Act 1925, Section 49 is up to date with all changes known to be in force on or before 22 April 2021. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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49 Applications to the court by vendor and purchaser.E+W

(1)A vendor or purchaser of any interest in land, or their representatives respectively, may apply in a summary way to the court, in respect of any requisitions or objections, or any claim for compensation, or any other question arising out of or connected with the contract (not being a question affecting the existence or validity of the contract), and the court may make such order upon the application as to the court may appear just, and may order how and by whom all or any of the costs of and incident to the application are to be borne and paid.

(2)Where the court refuses to grant specific performance of a contract, or in any action for the return of a deposit, the court may, if it thinks fit, order the repayment of any deposit.

(3)This section applies to a contract for the sale or exchange of any interest in land.

[F1(4)The county court has jurisdiction under this section where the land which is to be dealt with in the court does not exceed [F2£30,000] in capital value. F3 . . .]

Textual Amendments

F2Words in s. 49(4) substituted (1.7.1991) by S.I. 1991/724, art. 2(8), Sch. Pt.I (with art. 12)

F3Words in s. 49(4) omitted (1.7.1991) by virtue of S.I. 1991/724, art. 2(8), Sch. Pt.I (with art. 12)

Modifications etc. (not altering text)

C1S. 49 extended (1.7.1991) by S.I. 1991/724, art. 2(3)(a) (with art. 12)

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