Create your Property Purchase Option from scratch

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Here's how it works

01. Start with a blank Property Purchase Option
Open the blank document in the editor, set the document view, and add extra pages if applicable.
02. Add and configure fillable fields
Use the top toolbar to insert fields like text and signature boxes, radio buttons, checkboxes, and more. Assign users to fields.
03. Distribute your form
Share your Property Purchase Option in seconds via email or a link. You can also download it, export it, or print it out.

Design your Property Purchase Option in a matter of minutes

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Step 1: Access DocHub to set up your Property Purchase Option.

Start by logging into your DocHub account. Explore the advanced DocHub functionality free for 30 days.

Step 2: Navigate to the dashboard.

Once signed in, head to the DocHub dashboard. This is where you'll build your forms and handle your document workflow.

Step 3: Create the Property Purchase Option.

Hit New Document and select Create Blank Document to be taken to the form builder.

Step 4: Set up the form layout.

Use the DocHub features to add and configure form fields like text areas, signature boxes, images, and others to your form.

Step 5: Add text and titles.

Add needed text, such as questions or instructions, using the text field to assist the users in your document.

Step 6: Customize field settings.

Adjust the properties of each field, such as making them required or formatting them according to the data you plan to collect. Designate recipients if applicable.

Step 7: Review and save.

After you’ve managed to design the Property Purchase Option, make a final review of your form. Then, save the form within DocHub, export it to your selected location, or share it via a link or email.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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In the simplest terms, a real-estate option contract is a uniquely designed agreement thats strictly between the seller and the buyer. In this agreement, a seller offers an option to the buyer to purchase property at a fixed price within a limited time frame.
An option to purchase is an agreement that gives a potential buyer (optionee) the right, but not the obligation, to buy property in the future. The optionee must decide by a certain time whether to exercise the option and thereafter by bound under the contract to purchase.
No matter the format, an option to purchase must: 1) state the option fee, 2) set the duration of the option period, 3) outline the price for which the tenant will purchase the property in the future, and 4) comply with local and state laws.
Example of an Option. Suppose that Microsoft (MFST) shares trade at $108 per share and you believe they will increase in value. You decide to buy a call option to benefit from an increase in the stocks price. You purchase one call option with a strike price of $115 for one month in the future for 37 cents per contract
Assume a trader buys one call option contract on ABC stock with a strike price of $25. He pays $150 for the option. On the options expiration date, ABC stock shares are selling for $35. The buyer/holder of the option exercises his right to purchase 100 shares of ABC at $25 a share (the options strike price).
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Related Q&A to Property Purchase Option

Real estate example In this case, Jacky would be unable to sell the property to the cash buyer because she has an option contract with Larry. The option contract gives Larry the right to purchase the home within the specified timeframe, and Jacky is not able to sell the property to anyone else during that time.
For example, you own 200 acres of land you want to sell while a prospective buyer wants to develop a new subdivision. By pursuing a real estate option, the buyer has more time to secure the necessary funds while you can sell the property to a credible, low-risk buyer.
A Complete Guide to Making an Unsolicited Offer to Purchase Property 1- Identify the ideal neighborhood. 2- Create a target list of investment properties. 3- Find out who owns each property. 4- Get your investment property financing in order. 5- Prepare an offer letter. 6- Make multiple offers.

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