Hobhouse v Mount Gilead Pty Ltd [2021] NSWSC 684

Supreme Court New South Wales

Medium Neutral Citation: Hobhouse v Mount Gilead Pty Ltd [2021] NSWSC 684 Hearing dates: 3 June 2021 Decision date: 11 June 2021 Jurisdiction: Equity Before: Kunc J Decision: Option validly exercised Catchwords: LAND LAW — Conveyancing — Options — Call options — Whether on proper construction option could be validly exercised if purchase price had not yet been determined in accordance with terms of agreement — No issue of principle Cases Cited: Arnold v Britton [2015] AC 1619 Auburn Shopping Village Pty Ltd v Nelmeer Hoteliers Pty Ltd [2018] NSWCA 114 Australia Capital Financial Management Pty Ltd v Linfield Developments Pty Ltd; Guan v Linfield Developments Pty Ltd [2017] NSWCA 99 Ballas v Theophilos (No 2) (1957) 98 CLR 193; [1957] HCA 90 Biki v Chessells [2004] VSCA 70 Booker Industries Pty Ltd v Wilson Parking (Qld) Pty Ltd (1982) 149 CLR 600; [1982] HCA 53 Bowman v Durham Holdings Pty Ltd (1973) 131 CLR 8; [1973] HCA 55 BP Refinery (Western Port) Pty Ltd v Shire of Hastings (1977) 180 CLR 226 Cherry v Steele-Park (2017) 96 NSWLR 548; [2017] NSWCA 295 Codelfa Constructions Pty Ltd v State Rail Authority of New South Wales (1982) 149 CLR 337; [1982] HCA 24 Darin Nominees Pty Ltd v Franklin's Selfserve Pty Ltd [1999] NSWCA 209 Electricity Generation Corporation v Woodside Energy Ltd (2014) 251 CLR 640; [2014] HCA 7 Gilbert J McCaul (Aust) Pty Ltd v Pitt Club Ltd (1957) 59 SR (NSW) 122 HDI Global Specialty SE v Wonkana [2020] NSWCA 296 Helby v Matthews [1985] AC 471 In the matter of Prismex Technologies Pty Ltd; Taggert v Matyear [2013] NSWSC 292 In the matter of Qatar No 2 and Qatar No 3 Pty Ltd [2015] NSWSC 2088 Jong v Advanced Dental Services Pty Ltd [2019] NSWCA 318 Kooee Communications Pty Ltd v Primus Telecommunications Pty Ltd [2008] NSWCA 5 Laybutt v Amoco Australia Pty Ltd (1974) 132 CLR 57; [1974] HCA 49 Leads Plus Pty Ltd v Kowho Intercontinental Pty Ltd [2000] NSWSC 459 Metropolitan Gas Company v Federated Gas Employees' Industrial Union (1925) 35 CLR 449 RHG Mortgage Securities v BNY Trust Co [2009] NSWSC 1432 Tanwar Enterprises Pty Ltd v Cauchi (2003) 217 CLR 315; [2003] HCA 57 Tonitto v Bassal (1992) 28 NSWLR 564 West London Syndicate v Inland Revenue Commissioners [1898] 1 QB 226 Texts Cited: J D Heydon, Heydon on Contract (Thomson Reuters, 2019) Category: Principal judgment Parties: Katrina Julia Denzil Hobhouse (Plaintiff)