Purchase option enforceable when made compliant with Subdivision Map Act (SMA)
A buyer entered into a purchase option agreement for raw land with a trust granting the buyer a five-year option to purchase up to seven acres…
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Tag: purchase option
No general duty owed to holder of option to purchase
Facts: A seller held eight parcels of land, two of which were sold to a buyer. The buyer also had...
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March 2010 RCD
A digest of recent court cases affecting real estate.
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