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The enforceability of options over land

By: Series: EMIS Property Service ; 2(12) December 2004, 3-5(3)Publication details: 2004Subject(s): Summary: Options are granted in a variety of circumstances. Between landlords and tenants options to renew leases and options to purchase the reversion are common and developers often enter into options over freeholds pending the results of planning applications. The enforceability of options depends upon following the correct formalities for creation and protecting them by registration against the grantor's title. This article looks at both of these issues in relation to options relating to freeholds and leaseholds. [Taken from journal abstract].

Options are granted in a variety of circumstances. Between landlords and tenants options to renew leases and options to purchase the reversion are common and developers often enter into options over freeholds pending the results of planning applications. The enforceability of options depends upon following the correct formalities for creation and protecting them by registration against the grantor's title. This article looks at both of these issues in relation to options relating to freeholds and leaseholds. [Taken from journal abstract].