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But It's "Just" An Option! Option Risks And The Tale Of Horn v. Xylem

We all take real property purchase agreements seriously. We read only the title and we know that a transaction is likely to occur, perhaps a significant one. We can also reasonably expect that there will be a property, a price, a timeline, probably some representations and warranties, and perhaps conditions to be satisfied. But an option to purchase a property? Well, that just doesn t sound quite as important now does it? After all, if something is optional it might not even be needed, or it might never exist. It certainly doesn t seem to warrant as much attention as an agreement to purchase so perhaps no great amount of attention should be paid to it? ....

Jane Helmstadter , Dana Talucci , Craig Garbe , Horn Ventures International Inc , Clublink Corporation , Written By Craig Garbe , Horn Ventures International , Rlink Corporation , Real Property , Purchase Agreement , Epresentations And Warranties , Bennett Jones , Orn Ventures International Incv Xylem Canada Lp ,