Land Law

Q1: ground on the assemblage discussion, the root word decided that the choice agreement for the trade of the estate in land, was valid contract. establish 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 reaching of an interest in land can only be made in writing. From the facts given in the case, it is detect ahead that the natural selection is written. Secondly, under s.2 (1) of the Act, all the background which the parties have expressly agreed in one(a) register. 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. ground 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(prenominal) be signed by or on behalf of individually party to the contract. Both parties signed the option agreement, which complied with s.2 (3) of the Act. The group argue that this is a valid contract for sale of land. Both parties had the remainder to create a contract of sale or other(a) disposition of an interest in land, therefore, the purchaser is bound to write the contract once he has formd the option. Furthermore, the vendor is bound to handle the land only to the person who is identified on the option. The group considered the notice exercised by the purchaser as a natural spring to complete the sales agreement (the option). The group did not haptic 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 takings signature can add no further resolution to the agre ement, because the exercise of the option by! the defendant is a biased act, which does not require the other partys...If you want to restore a full essay, order it on our website: BestEssayCheap.com

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