R.E.A.C.H. February 2009: Enforceable Option Agreements

THIS ISSUE: In September 2007, we reported on a court of appeal decision holding that an option purchase agreement in a residential lease was unenforceable because it was too uncertain. Recently, however, the California Supreme Court has reversed that decision, finding that even though the option was not perfect, it was nevertheless sufficiently certain to be enforced.

0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *