Worms v. Burgess

The optionee held a contract letting him purchase real property by giving notice to the optionor via registered mail by August 21, 1977. He mailed his notice of exercise on August 20, but the optionor never received it; the optionor refused to sell, and the optionee sued for specific performance or damages. The trial court granted the optionor summary judgment.

Whether, generally, an exercise of an option by mail is effective upon dispatch.