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Real Estate & Property Law

: Law of the Land

Third Circuit Court of Appeals Finds Developer Has Standing as Option Holder to Challenge Zoning Restrictions

By Patty Salkin

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In 2001, Toll entered into an option contract that gave it an exclusive option to buy a 160-acre tract of land at a fixed price, and barred the owner from entering into any lease, agreement of sale, or any other agreement affecting the property during the life of the agreement. In exchange, Toll promised to [...]

Full post as published by Law of the Land on February 27, 2009 (boomark / email).

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