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Real Estate Purchase Options - Page 2

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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Connecticut
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Connecticut
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - District of Columbia
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - District of Columbia
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - South Carolina
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - South Carolina
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Option to Purchase Package - South Carolina
Option to Purchase Package - South Carolina
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Tennessee option
Tennessee option
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Option to Purchase Package - Tennessee
Option to Purchase Package - Tennessee
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Stock form purchase agreement
Stock form purchase agreement
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Stock form
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Notice to Lessor Exercising Option to Purchase - Oregon
Notice to Lessor Exercising Option to Purchase - Oregon
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Pennsylvania option
Pennsylvania option
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Rhode Island
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Rhode Island
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Option to Purchase Package - Rhode Island
Option to Purchase Package - Rhode Island
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Montana
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Montana
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Michigan option
Michigan option
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Option to Purchase Package - Minnesota
Option to Purchase Package - Minnesota
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri
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Notice of Option for Recording - Missouri
Notice of Option for Recording - Missouri
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - New Hampshire
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - New Hampshire
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Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Oklahoma
Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Oklahoma
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Notice of Option for Recording - Oklahoma
Notice of Option for Recording - Oklahoma
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Exercising option purchase
Exercising option purchase
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Maryland option
Maryland option
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Maryland option
Maryland option
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Option to Purchase Package - Maine
Option to Purchase Package - Maine
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Related Categories
Last Will Forms for Domestic Partners
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Commonly Asked Questions about Real Estate Purchase Options

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.
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.
An option to buy contract is an agreement between two parties where an investor or tenant pays a fee in exchange for the rights to purchase property at some point in the future. You can have a straight option to buy a contract, which is a unilateral contract that only binds the seller to its terms.
a financial agreement that gives someone the right to buy property or land within an agreed time and for an agreed amount, especially after they have rented it for a particular amount of time: The city leased the building to Rescue Ministries in 2009 with an option to buy.
An option fee, or option money, is a non-refundable fee paid to the seller by the buyer within 72 hours of the agreement (also known as an execution). It is the fee paid to the sellers for agreeing to provide the right to terminate the contract without reason or cause for a given period of time.
Cons. Typically requires an option fee in addition to your rent payments. Market shifts during your rental period may affect home value. Risk of losing money if you ultimately dont qualify for a mortgage or decide not to purchase the property.
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.

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