Option Agreement Template

In the event that purchaser exercises the option to purchase this property within the initial option period or any extension thereof and is not in default in any other terms of this agreement said option money shall apply toward the purchase price at closing.

Option agreement template. Use them as option agreement samples option agreement templates competitive intelligence drafting documents or to get information about transactions within a particular industry or sector. The tenantbuyer as part of the consideration herein is hereby granted the exclusive right option and privilege of purchasing property at any time during the term of this leaseoption agreement or any extension thereof. We would like to show you a description here but the site wont allow us. Remember that this agreement is a standard residential lease agreement with an option to purchase the property during a period of the term.

We also offer an option agreement containing a requirement for the buyer to obtain planning permission where the price reflects the market value of the land with planning permission. We have millions of legal documents and clauses that you can search for free. In addition you also get to know about the proper distribution of the products. Download samples of professional document drafts in word doc and excel xls format.

This agreement contains all of the terms promises covenants conditions and representations made or entered into by or between seller and purchaser and supersedes all prior discussions and agreements whether written or oral between seller and purchaser with respect to the option and all. These example option agreements are actual legal documents drafted by top law firms for their clients. The exclusivity agreement templates are also easily available easily and it will help know about the option agreement. Our first new template is a simple option agreement with no conditions and a fixed price.

21 grant of optionthe administrator hereby grants to the optionee named in the notice of stock option grant attached as part i of this option agreement the optionee an option the option to purchase the number of shares as set forth in the notice of stock option grant at the exercise price per share set forth in the notice of stock option grant the exercise price. Instant access to 1900 business and legal forms. Option to buy agreement template download now. Although if the buyer chooses to buy the property the seller will be obligated to sell under the terms of the agreement.

The buyer is not bound to purchasing the property.