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.
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