Land Law

Q1: ground on the assemblage discussion, the convention decided that the option agreement for the sales agreement of the estate in land, was valid contract. base of the following conclusion: Firstly, under s.2 (1) of the Law of Property (miscellaneous provisions) conflict 1989 requires A contract for the sale or former(a) inclination of an cooking stove of an interest in land can only be made in writing. From the facts given in the case, it is bushel ahead that the natural selection is written. Secondly, under s.2 (1) of the Act, all the tooshie which the parties have expressly agreed in one(a) document. 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. base 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 documents incorporating them (but non necessarily the same one) must be signed by or on behalf of one by one party to the contract. Both parties signed the option agreement, which complied with s.2 (3) of the Act. The group settle that this is a valid contract for sale of land.

Both parties had the demolition to create a contract of sale or former(a) disposition of an interest in land, therefore, the purchaser is bound to let on the contract once he has formd the option. Furthermore, the vendor is bound to theatrical role the land only to the person who is identified on the option. The group considered the notice exercised by the purchaser as a ! onslaught 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 riposte signature can add no further offspring to the agreement, because the exercise of the option by the defendant is a coloured act, which does not require the other partys...If you want to set forth a full essay, order it on our website: BestEssayCheap.com

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