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Court of Appeal Wellington
10 May; 14 June 1968
North P., Turner J., McGregor J.
10 May; 14 June 1968
North P., Turner J., McGregor J.
Contract — Formation — Option to purchase subject to terms of payment to be mutually arranged — Purported acceptance without agreement as to terms of payment — No concluded contract
Property law — Real property and chattels real — Protection of title and interests in land — Option to purchase — Term of option subject to mutual arrangement — Purported acceptance of option without agreement as to terms left for negotiation — No concluded contract to support caveat against title.