Q&As
Can a pre-emption agreement of a beneficial interest in property be enforceable?
Published on: 02 July 2024
A pre-emption agreement is a right to purchase something (usually land or shares) before the asset is sold to a third party. The right is contractual and is conditional upon a contemplated sale—if the owner of the asset chooses not to sell, the pre-emption right does not arise. In respect of land a right of pre-emption in respect of a legal estate can be (and should
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