Jonathan Richard Anson v Neil Johnson (Contracts and options : Contracts and options) [2018] UKFTT 726 (PC) (19 October 2018)

Jonathan Richard Anson v Neil Johnson (Contracts and options : Contracts and options) [2018] UKFTT 726 (PC) (19 October 2018)

The beneficiary of the notice deleted 'subject to contract' after the event, rendering the notice invalid and requiring its cancellation.

Citation
[2018] UKFTT 726 (PC)
Parties
Applicant: Jonathan Richard Anson; Respondent: Neil Johnson
Jurisdiction
England and Wales
Judgment Date
19 October 2018
Procedural Posture
Application to Cancel Unilateral Notice / Final Decision
Outcome
Notice cancelled
Legal Topics
Options to Purchase, Unilateral Notice, Subject to Contract
Property Law Contract Law Options to Purchase Unilateral Notice Subject to Contract

Case Brief

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Parties

Jonathan Richard Anson

Applicant

Neil Johnson

Respondent

Procedural Posture

Application to Cancel Unilateral Notice / Final Decision

Legal Issues

  1. 1 Whether the option agreement was 'subject to contract'
  2. 2 Validity of unilateral notice in support of option to purchase

Ratio Decidendi

The beneficiary of the notice deleted 'subject to contract' after the event, rendering the notice invalid and requiring its cancellation.

Court Disposition

Notice cancelled

Orders

  • Unilateral notice in support of option to purchase is cancelled