Option purchase real property 2025

1. Click ‘Get Form’ to open the option purchase real property document in the editor.
2. Begin by entering the total consideration amount in the first section, ensuring you acknowledge receipt of this sum.
3. Fill in the Buyer’s name and address accurately to establish who is entitled to the option.
4. Provide a complete legal description of the property, including any water rights, ensuring clarity for all parties involved.
5. Detail any encumbrances or exceptions related to the property in the designated section, as this will affect ownership transfer.
6. Complete sections regarding loan agreements and title clearance responsibilities, ensuring both parties understand their obligations.
7. Sign and date the document at the end, indicating acceptance of terms by both Seller and Buyer. Don’t forget to indicate marital status if applicable.

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