Perpetuities – Option to extend lease – Validity – Perpetuities and Accumulations Act 1964 – Option to extend underlease not becoming exercisable until future date falling outside 21-year perpetuity period…
Sale of land – Perpetuity – Option to purchase additional plots – Right to purchase triggered in specified events including vendor offering plots for sale – Claimant purporting to exercise…
Specific performance
Parties to options should state if time is of the essence
Option agreements should specify when the option period begins
A reminder on the importance of the registration of options
Sale of land – Option to purchase freehold – Option unregistered – Appellants attempting to exercise option – Freeholder selling to wholly owned subsidiary for sole purpose of avoiding obligation…
Option agreement — Order for sale of land by mortgagee — Whether claimant’s option constituting equitable interest binding on purchaser — Effect of failure to register title by grantor of…
Long-term option – a trap for the draftsman. Like algebra, the rule against perpetuities is something you struggle through in class in the expectation that you will never ever meet…
Contract for sale of farm – Owners of vendor company entitled to repurchase in certain events – No time limit prescribed for exercise of option – Whether option invalidated by…
Option agreement — Construction — Option to purchase land conditional upon making planning application for development of the property — Judge finding condition not met by appellant — Whether application…