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Options loophole in Act

Language: English Series: Estates Times ; no 1036, 2/3/90 p9Publication details: 1990Subject(s): Summary: Lawyers are concerned that under the Law of Property (Miscellaneous Provisions) Act 1989 , landowners who have granted an option on land could claim that the exercise of the option by the property developer is not binding and try to pull out of a deal.

Lawyers are concerned that under the Law of Property (Miscellaneous Provisions) Act 1989 , landowners who have granted an option on land could claim that the exercise of the option by the property developer is not binding and try to pull out of a deal.