Use the Option Agreement That Your Attorney Prepared as Your Master Copy

Once you have your initial real estate option agreement properly prepared by a board-certified real estate attorney, use it as your master copy so you will not have to go running back to your real estate attorney for a new real estate option agreement every time you buy an option. You can use the option agreement your attorney prepared for you and just change the optionor's name, date of option period, option fee amount, purchase price, option extension periods, and cost, along with the property's street address and legal description.

Was this article helpful?

0 0

Post a comment