Legal Opinion
Jones v. Vereen
Court of Appeals of Georgia
Decided November 18, 1935No. 24861PublishedCited by 5 opinions
1Opinion of the CourtSutton, J.
An option is a contract by which the owner of property agrees with another that the latter shall have the right to buy the former’s property at a fixed price within a certain time and on agreed terms and conditions. Black v. Maddox, 104 Ga. 157, 162 (30 S. E. 723); Simpson v. Sanders, 130 Ga. 265 (60 S. E. 541); Luke v. Livingston, 9 Ga. App. 116 (70 S. E. 596); Hughes v. Holliday, 149 Ga. 147 (99 S. E. 301). The rules governing other contracts apply to an option (Simpson v. Sanders, supra); that is, before the option contract is completed there must be an agreement on its terms and…
2Cases cited8 opinions
- Black v. MaddoxSupreme Court of Georgia · 1898
- Simpson & Harper v. Sanders & JenkinsSupreme Court of Georgia · 1908
- Larned v. WentworthSupreme Court of Georgia · 1901
- Snead v. WoodCourt of Appeals of Georgia · 1919
- Luke v. LivingstonCourt of Appeals of Georgia · 1911
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Mattox v. WestSupreme Court of Georgia · 1942
- Walter E. Heller & Co. v. Aetna Business Credit, Inc.Court of Appeals of Georgia · 1981
- Nikas v. HindleyCourt of Appeals of Georgia · 1958
- Smith v. WheelerSupreme Court of Georgia · 1974
- Smith v. WheelerSupreme Court of Georgia · 1974