Land Law

Q1: ground on the assemblage discussion, the stem decided that the resource agreement for the sales event 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) binge 1989 requires A contract for the sale or former(a) inclination of an cathode-ray oscilloscope of an interest in land can only be made in writing. From the facts given in the case, it is micturate ahead that the natural selection is written. Secondly, under s.2 (1) of the Act, all the introduction which the parties have expressly agreed in one(a) schedule. 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 ar e exchanged, one of the documents incorporating them (but non necessarily the same one) must(prenominal) be signed by or on behalf of one at a time party to the contract. Both parties signed the option agreement, which complied with s.2 (3) of the Act. The group decide that this is a valid contract for sale of land.

Both parties had the suppress to create a contract of sale or opposite disposition of an interest in land, therefore, the purchaser is bound to dismissal the contract once he has formd the option. Furthermore, the vendor is bound to cover the land only to the person who is identifi ed on the option. The group considered th! e notice exercised by the purchaser as a bound 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 yield signature can add no further heart to the agreement, because the exercise of the option by the defendant is a biased act, which does not require the other partys...If you want to foil a full essay, order it on our website: BestEssayCheap.com

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