Letter of Option to Purchase



Letter of Option to Purchase : Please fill out the following form. Please print your completed form if you would to have a copy for your records.




OPTION AGREEMENT by and between (Owner) and (Buyer).


1. Buyer hereby pays to Owner the sum of $______ in consideration for this option, which option payment shall be credited to the purchase price if the option is exercised.


2. Buyer has the option and right to buy (property) within the option period for the full price of $ _________.


3. This option shall remain in effect until (date with year) and thereupon expire unless this option is sooner exercised.


4. To exercise this option, Buyer must notify Owner of same by certified mail within the option period. All notices shall be sent to owner at the following address :


(Enter the address where the notice should be sent.)


5. Should the Buyer exercise the option, the Owner and Buyer agree to promptly sign the attached contract of sale, and consummate the sale on its terms, which are incorporated hereinby reference.


6. This option agreement shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal representatives.


Signed this day of (date with year).


Signature of Owner :


Name of Owner :


Address of Owner :


Signature of Buyer :


Name of Buyer :


Address of Buyer :





Typical Legal Forms Index

From
Letter of Option to Purchase
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Letter Asking A Donation
Letter Asking A Favor
Letter Asking for More Details
Letter Asking for Donations
Letter Denying of Dealership
Letter for Change of Address
Letter for Distributorship
Letter for Employment
Letter for Hotel Reservation
Letter for Letter of Credit
Letter for Line of Credit
Letter for Product Launch
Letter for Promotion
Letter for Retirement Congrats
Letter for Scholarship
Letter for Settlement of Bill
Letter for Tender
Letter for Testimonial
Letter of Agreement
Letter of Assurance
Letter of Credit
Letter of Enquiry
Letter of Order
Letter of Persuasion
Letter of Sympathy
Letter Offering Discount
Letter Related to Advertisement
Letter Related to Despatch
Letter Related to Training
Letter to A Foreign Buyer
Letter to Pen-Friend
Letter to Police
Letter with Order
Letter with Quotation
Letter Writing
Letters about Company Shares
Letters by Clubs and Societies
Letters by Landlords & Tenants
Letters for Appointment of Dealers
Letters for Business Relations
Letters for Buying and Selling
Letters for Credit & Collection
Letters for Foreign Travel
Letters for Lease & Tenancy
Letters for Loan & Borrowing
Letters for Transfer & Assignment
Letters for Insurance
Letters Noting Discrepancy
Letters of Condolence & Sorrow
Letters of Regret
Letters Regarding Maintenance
Letters Regarding Payment
Letters Related to Employees
Letters to Local Corporation
Letters to Postal Authorities
Letters to The Editor
Letters Used in Real Estate
Letters With Postal Department
Letters With Railways Authorities


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