Create your Real Estate Option from scratch

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Here's how it works

01. Start with a blank Real Estate 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 Real Estate Option in seconds via email or a link. You can also download it, export it, or print it out.

A simple tutorial on how to create a polished Real Estate Option

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Step 1: Log in to DocHub to begin creating your Real Estate Option.

First, log in to your DocHub account. If you don't have one, you can easily register for free.

Step 2: Head to the dashboard.

Once you’re in, navigate to your dashboard. This is your primary hub for all document-centric operations.

Step 3: Launch new document creation.

In your dashboard, click on New Document in the upper left corner. Choose Create Blank Document to build the Real Estate Option from scratch.

Step 4: Incorporate template elements.

Place different fields like text boxes, images, signature fields, and other fields to your template and designate these fields to certain recipients as necessary.

Step 5: Adjust your template.

Customize your form by incorporating instructions or any other essential details using the text option.

Step 6: Review and modify the form.

Attentively review your created Real Estate Option for any typos or essential adjustments. Take advantage of DocHub's editing capabilities to fine-tune your template.

Step 7: Distribute or download the template.

After finalizing, save your copy. You may choose to keep it within DocHub, transfer it to various storage solutions, or send 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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With an asdocHub contract, however, an investor can immediately pass ownership to someone else without ever technically buying the property. This process means that the purchasing rights, as well as any obligations outlined in the initial purchase contract, are passed along to another investor.
Defining an option contract in real estate. 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 assignment represents the sellers obligation to fulfill the terms of the contract by either selling or buying the underlying security at the exercise price. This obligation is triggered when the buyer of an option contract exercises their right to buy or sell the underlying security.
Once you have an option contract real estate in place, its time to find a cash buyer and assign your option to the buyer. The buyer must agree to buy the property for more than the option contract states because the difference between these two pricesaka the spreadis what the wholesaler earns from the deal.
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.
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Related Q&A to Real Estate Option

Purchaser may, without the consent of Seller but after giving written notice to Seller of Purchasers intention to assign this Option Agreement, assign all of the rights of Purchaser under this Option Agreement, provided that (i) any such assignment must be made prior to Purchaser exercising the option to purchase
Irrevocable for both parties: The seller must commit to allowing the buyer to exercise the option within the stated period and for the agreed-upon consideration; they cannot suddenly decide to terminate the option early, or sell the property to another person during the option period.

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