Land Law

Q1: ground on the assemblage discussion, the free radical decided that the choice agreement for the bargain of the estate in land, was valid contract. found of the following conclusion: Firstly, under s.2 (1) of the Law of Property (miscellaneous provisions) tour 1989 requires A contract for the sale or former(a) inclination of an area of an interest in land can only be made in writing. From the facts given in the case, it is permit ahead that the natural selection is written. Secondly, under s.2 (1) of the Act, all the soil which the parties have expressly agreed in one(a) muniment. The terms in this option were expressly affirmed by both parties in one document, such as exercising the option on a certain date, time and the method for exercising the option. found on the statement above, s.2 (1) of the Act has been complied. Thirdly, under s.2 (1) of the Act The document incorporating the terms or, where contracts are exchanged, one of the document s incorporating them (but non necessarily the same one) moldiness be signed by or on behalf of singly party to the contract. Both parties signed the option agreement, which complied with s.2 (3) of the Act. The group close that this is a valid contract for sale of land.

Both parties had the conclusion to create a contract of sale or different disposition of an interest in land, therefore, the purchaser is bound to sacking the contract once he has formd the option. Furthermore, the vendor is bound to overlap the land only to the person who is identified on the option. The group considered the notice exercised by the purchaser as a outset to ! complete the sales agreement (the option). The group did not tactual sensation it to be a separate contract for sale of land. It does not comply with s.2 of the Act, which requires both parties ghosts. Furthermore, the vendors expect signature can add no further publication to the agreement, because the exercise of the option by the defendant is a slanted act, which does not require the other partys...If you want to micturate a full essay, order it on our website: OrderCustomPaper.com

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