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and the difference between the two mechanisms is that under an option agreement is simply that that a developer can go off at its own cost obtained planning consent for your property and even at that point it isnt obliged by your property they can decide not to bite him to walk away a conditional contract on the other hand is a binding contract for sale once they planning consent is obtained which is satisfactory in ance of the terms of the contract and then at that point both the seller and the buyer obliged to complete the transaction