Option to Purchase in UK Law

  • EQUITABLE RELIEF FOR THE PURCHASER OF HIRE‐PURCHASE GOODS
    • No. 19-5, September 1956
    • The Modern Law Review
    ... ... It is A complex contract which creates a bailment of thc goods and grants the hirer an option to purchase them on fulfilment of certain conditions. If, instead of granting the hirer an option to purchase, it imposes ... ...
  • Aborted property transactions: seller under‐compensation in the absence of legal recourse
    • No. 17-2, May 1999
    • Journal of Property Investment & Finance
    • 126-144
    Property purchasers who rescind on their contracts and forfeit the initial deposits are exercising their right to not proceed with the purchase. The deposit to purchase endows on the buyer an impli...
    ... ... deposits areexercising their right to not proceed with the purchase. The deposit to purchase endows on thebuyer an implicit call option that ... ...
  • Quarter Sessions
    • No. 21-3, July 1957
    • Journal of Criminal Law, The
    ... ... Sessions LARCENY AS BAILEE: PROPERTY SUBJECT TO HIRE-PURCHASE AGREEMENT R. v. Foster T H IS case raised the question of the ... of the instalments, was not in a position to exercise the option to purchase which, by the agreement, could be exercised only ... ...
  • SALE OF MOTOR‐VEHICLE BY HIRE‐PURCHASER
    • No. 17-3, May 1954
    • The Modern Law Review
    ... ... per- sons of moderate means where motor-cars on hire-purchase change hands several times before the hire-purchase company ... hire-purchase agreement is an agreement of hire with an option to purchase. To the ordinary small man, however, it is a ... ...
  • Larceny of Cars by Hire-Purchase Bailees
    • No. 4-2, April 1940
    • Journal of Criminal Law, The
    ... ... But the modern hire-purchase agreement will almost certainly be drawn in such a way that the hirer has only an option to purchase the article; he will be under no obligation to purchase and can terminate the agreement at any time by returning the article ... ...
  • Options for the Offside Goals Rule
    • No. , June 2009
    • Edinburgh Law Review
    • 524-528
    ... ... In February 2005, McAllister granted the pursuers an option to purchase subjects in St Andrews, exercisable within a two-year period ... ...
  • New South Wales Hire‐Purchase Legislation*
    • No. 25-6, November 1962
    • The Modern Law Review
    ... ... , a number of sigdcant modifications.J2 An 27 '' ' Hire-purchase agreement ' includes a letting of goods with an option to purchase and an agreement for the purchase of goods by instalmenta (whether the agreemen!,descnbee the instalments y ... ...
  • Sample Partnership/LLP Agreement
    • Appendix
    • Partnership and LLP Law - 2nd edition
    • Elspeth Berry
    • 221-234
    ... ... 16.3 The Continuing Partners shall have the option to purchase the share of the Former Partner ... 16.3.1 If this option is ... ...
  • Analysis
    • No. , June 2009
    • Edinburgh Law Review
    • 278-339
    ... ... Young held that there was no such breach where X's right was a mere option to purchase in a lease. It could be argued, however, that a grant to Z in ... ...
  • Finance Act 1965: The Capital Gains Tax
    • No. 29-2, March 1966
    • The Modern Law Review
    ... ... , but also that from interests in any asset due to an option to purchase, a licence to use a patent, or copyright, or to ... ...
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