A testamentary option was given relating to two farms which provided for the price to be the ‘reasonable valuation’ of the farms.
Held: This option was enforceable and the court ordered an enquiry as to what was a reasonable price for the farms.
Citations:
[1968] Ch 1
Jurisdiction:
England and Wales
Cited by:
Cited – Hayward v Jackson ChD 18-Feb-2003
The claimant had been given an option in the will to purchase land from the estate, but the price was not fixed before it expired. The executors asserted that the option had lapsed.
Held: In this case there was no explicit gift over in the . .
Lists of cited by and citing cases may be incomplete.
Wills and Probate
Updated: 30 May 2022; Ref: scu.179721