Di Luca v Juraise (Springs) Limited; Amess and Amess: CA 6 Oct 1997

In regard to options for the purchase of land, time constraints are of the essence. An option is not a contract but an irrevocable offer that matures into a bilateral contract upon due exercise of the option during the option term

Judges:

Nourse LJ

Citations:

[1997] EWCA Civ 2419, [1998] 2 EGLR 125

Links:

Bailii

Jurisdiction:

England and Wales

Citing:

CitedLord Ranelagh v Melton 1864
The tenants were given an option in the lease to purchase the freehold: ‘if . . the lessees . . should give three months notice . . and should at the expiration of such notice pay . .’,
Held: Time was of the essence: ‘I apprehend the rule of . .
CitedDibbins v Dibbins 1896
A partnership deed provided an option for a surviving partner to purchase a deceased’s partner’s share upon giving notice within three months of the death. The partner who survived was not of sound mind, but his solicitor gave timely notice, later . .
Lists of cited by and citing cases may be incomplete.

Landlord and Tenant, Contract

Updated: 09 November 2022; Ref: scu.142817