Premaratne vs Yasawathie and Another – sllr 2015 volume 1 page 302

In the case between D.H.K. Yasawathie (substituted for A.K.M. Perera, Plaintiff) and W.N. Fernando (1st Defendant), with W.P. Premaratne as the Added 2nd Defendant, the Supreme Court addressed whether the registration of an agreement to sell land constitutes constructive notice, thereby binding a subsequent purchaser under Section 93 of the Trust Ordinance. The dispute arose when the 1st Defendant sold land, subject to a registered sales agreement, to a subsequent purchaser. It was determined that registration serves as constructive notice, imposing a trust on the subsequent purchaser who acquires the property with such knowledge. The Court relied on statutory interpretation and precedent regarding specific performance and the operation of constructive notice, ruling that tender of the pur

REF: sllr 2015 volume 1 page 302 Category: Tag:
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