Publisher's Synopsis
This text provides a practical approach to the law relating to the creation, transfer and exercise of options to purchase, rights of pre-emption, and options to renew and determine leases. Chapters cover creation of "inter vivos" options to purchase, transfer of options, exercise of options, options and tax, testamentary options, rights of pre-emption, options to renew and options to determine.;In addition, it deals with options in wills, rights of first refusal and break clauses and looks at the impact of tax on these areas.;The text also includes precedents, offers model cluases and contains specimen letters. Significant case law is discussed including Spiro v Glencrown and Pritchard v Briggs.
