Hearings
England & Wales
18 Feb 2003 [2003] EWHC 253 (Ch); [2003] Ch 422; [2003] 2 WLR 1274; [2003] 2 All ER 387, Ch D
18 Feb 2003 [2003] EWHC 253 (Ch); [2003] Ch 422; [2003] 2 WLR 1274; [2003] 2 All ER 387, Ch D
WILL — Construction — Option to purchase — Testator granting claimant option to buy land — Option subject to time limit — Will not specifying consequences of non-compliance or providing for gift over — Claimant requiring valuation before deciding whether to exercise option — Executors failing to ascertain value within time limit — Whether time of the essence — Whether option lapsing on expiry of time limit
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