· 5/16/1974
Palo Alto Town & Country Village, Inc. v. Bbtc Company
Citations
- 521 P.2d 1097
- 11 Cal. 3d 494
- 113 Cal. Rptr. 705
- 1974 Cal. LEXIS 312
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- notice of exercise of option effective on deposit in mail rather than on receipt
- “A contract conferring an option to purchase is ... an irrevocable and continuing offer to sell, and ... vests in [the optionee] only a right in personam to buy at his election.”
- notice of acceptance of contract option is effective when deposited in the mail
Source: CourtListener parenthetical corpus (CC0).
Judges: Sullivan
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.