Option to Purchase in UK Law

  • Johnson v Gore Wood & Company (A Firm)
    • House of Lords
    • 14 Diciembre 2000
    ... ... Wood, to act as solicitors for WWH in connection with a proposed purchase of land at Burlesdon in Hampshire from a Mr. Moores. WWH planned to ... WWH had an option to purchase Mr. Moores£ land, and WWH instructed GW to serve a notice ... ...
  • Pritchard v Briggs
    • Court of Appeal (Civil Division)
    • 11 Abril 1979
    ... ... , which contract had resulted from the exercise by him of a certain option; dismissed a counterclaim by the First and Second Defendants for ... term for a furtherfire years, and in clause 3 (d) an option to purchase the reversion, which was in these terms "If the tenant shall or his ... ...
  • Talbot v Talbot
    • Court of Appeal (Civil Division)
    • 16 Marzo 1967
    ... ... well be that if John and Joseph or either of them can exercise the option given by the testator's will he might get a great profit to the ... : Whether, upon the true construction of the will,the options to purchase thereby granted are valid and, if as, on what basis and by whom the ... ...
  • Vandervell v Commissioners of Inland Revenue
    • House of Lords
    • 24 Noviembre 1966
    ... ... in the name of the College so he advised that there should be an option to acquire these shares from the College after they had received the ... The balance of £5,000 will be paid to you when the option to purchase the Shares is exercised." ... 6 (3) a transfer of ... ...
  • Re Vandervell's Trusts (No. 2)
    • Court of Appeal (Civil Division)
    • 03 Julio 1974
    ... ... Limited pursuant to the exercise on 11th October 1961 of an Option dated 1st December 1958. Gerard Wilfred White Rudolph ... in the exercise by the Trustee Company in 1961 of its option to purchase the shares. And even if he had disposed of his interest, he did notdispose ... ...
  • Scammell (G.) & Nephew Ltd v Ouston (H. C. & J. G.)
    • House of Lords
    • 16 Diciembre 1940
    ... ... by taking the view that this was a contract for the sale and purchase of a motor-car, subject to the condition that the contract ceased to be ... of hire by the owner of a chattel conferring on the hirer an option to purchase on the performance of certain conditions ( Helby v. Matthews ... ...
  • Sudbrook Trading Estate Ltd v Eggleton
    • House of Lords
    • 08 Julio 1982
    ... ... contained a clause in identical terms, save as to the minimum purchase price , which purported to confer upon the Lessees an option to purchase ... ...
  • United Scientific Holdings Ltd v Mayor, Aldermen and Burgesses of the County Borough of Burnley now The Council of the Borough of Burnley
    • House of Lords
    • 23 Marzo 1977
    ... ... on the one hand as conferring upon the landlord a unilateral "option" for the exercise of which time was of the essence, or on the other as ... as to the time when the various steps to complete the purchase are to be taken are not regarded as of the essence of the contract ... ...
  • Steadman v Steadman
    • House of Lords
    • 19 Junio 1974
    ... ... 13 Normally the consideration for the purchase of land is a sum of money and there are statements that a sum of money can ... oral agreement alleged was the grant of a lease of a house with the option to purchase it during the tenancy. The option was exercised but the ... ...
  • Yeoman's Row Management Ltd and another v Cobbe
    • House of Lords
    • 30 Julio 2008
    ... ... recognising the development potential of the property, decided to purchase it. They used the appellant company, of which they were the directors and ... Taylors Fashions was a case where the "certain interest" was an option to renew a lease. There was no lack of certainty; the terms of the new ... ...
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