Use this agreement when you wish to secure the sale or purchase of a parcel of real estate at a predetermined price and date.
An Option to buy Real Estate is a contract between two parties giving the purchaser the exclusive right, without the obligation to buy the property. During the term of the option no-one else can buy or sell the property including the owner. For accepting this obligation the seller received and keeps an option fee whether the option is exercised or not.
The buyer may then either exercise his or her right under the contract by completing the property purchase or sell the option to someone else to exercise (or sell).
This Agreement is available for Immediate Download upon successful payment with a credit card or Paypal (paypal Echeques excluded).