C - Completion
1/6/20
EZAIR v CONN [2020] EWCA Civ 687
Although a purchaser under a contract of sale obtains an equitable interest in the property sold, the rights of the purchaser remain at all times subject to the terms of the contract [47]. Prior to completion of the contract the purchaser does not have an equity in the property which he can transfer to a sub-purchaser so as to be binding as against the vendor [49]. Without an assignment of the purchaser’s rights, the sub-purchaser could not make a claim against the vendor for a transfer of the property.