Easily Hide Option Choice into the Business Agreement

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How to Hide Option Choice into the Business Agreement

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[Music] okay lets say you get a hundred thousand dollar property its worth that and you get it on an option for 80 000 like you said you Market it and then somebody says Hey I want to buy it lets do it are you like buying it like youre exercising the option to buy it yourself and then youre selling it to them with a double closing or are you somehow assigning the option and they jump in how does that other mechanics of that work so weve been really fortunate we have expanded um but when we started doing this method Im about to tell you about we started in Arizona and we work with Great American Title Agency out of Phoenix there they have been awesome and I recommend them to everybody weve also found one in Tennessee that we use and what weve been able to do with them is do a true a to c double close where they use the buyers money and they pay everybody and that has been a huge game thats big deal not not only that theyre able to do it without disclosing what our profit wou

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What is an illusory promise in contract law?

An illusory promise is a promise that is unenforceable due to indefiniteness or lack of mutuality, where only one side is bound to perform.

What is an option in an agreement?

Feb 9, 2022. An option agreement is where a prospective buyer enters into an agreement with a landowner for the right to buy their land/property, often paying the landowner a sum of money as an option fee. The prospective buyer then has the option (within a period defined within the agreement) to buy the land/property.

What is an option in a contract?

An options contract offers the buyer the opportunity to buy or selldepending on the type of contract they holdthe chosen underlying asset at a price set out in the contract either within a certain timeframe or at the expiration date.

Which contract can be avoided at the option of?

A voidable contract is a valid contract that can be avoided at the option of at least one of the parties to it for some legal reason.

Is it legal to hide something in a contract?

A concealment can occur through either purposeful misrepresentation or withholding of material facts. Where the information could not have been known by the other party and it is known to be material by the concealing party, the concealment can give grounds for nullifying the contract.

What is the legal definition of option?

An option is an agreement that conveys the right to purchase property or engage in a transaction in the future upon agreed-upon terms.

What is an example of an option?

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 contact.

What is considered an option?

An option is a contract that gives you the right to buy or sell a financial product at an agreed upon price for a specific period of time. Options are available on numerous financial products, including equities, indices, and ETFs.

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