Option to Purchase in UK Law

  • Johnson v Gore Wood & Company (A Firm)
    • House of Lords
    • 14 December 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 ... ...
  • Sudbrook Trading Estate Ltd v Eggleton
    • House of Lords
    • 08 July 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 ... ...
  • Pritchard v Briggs
    • Court of Appeal (Civil Division)
    • 11 April 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 ... ...
  • Vandervell v Commissioners of Inland Revenue
    • House of Lords
    • 24 November 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 ... ...
  • Scammell (G.) & Nephew Ltd v Ouston (H. C. & J. G.)
    • House of Lords
    • 16 December 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 ... ...
  • Sharma and another v Simposh Ltd
    • Court of Appeal (Civil Division)
    • 23 November 2011
    ... ... to the defendant under an oral agreement giving the claimant an option to purchase property then under construction at an agreed valuation. Under ... ...
  • Scally and Others v Southern Health and Social Services Board and Another
    • House of Lords
    • 23 October 1991
    ... ... into force on 10 February 1975 gave to employees the right to purchase "added years" of pension entitlement on certain terms in order to make up ... time would on the balance of probabilities have exercised the option to purchase added years; (3) that if the employing Board owed any duty to ... ...
  • Malhotra v Choudhury
    • Court of Appeal (Civil Division)
    • 21 October 1977
    ... ... Choudhury, the defendant, gave Dr. Malhotra, the plaintiff, an option to purchase the house and surgery called Novar, 37 Butt Hill, Kippax; but ... ...
  • 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 March 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 ... ...
  • Re Vandervell's Trusts (No. 2)
    • Court of Appeal (Civil Division)
    • 03 July 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 ... ...
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