Oklahoma City Oklahoma Option to Purchase Real Property with Election to Renew Option
Category:
State:
Multi-State
City:
Oklahoma City
Control #:
US-0338BG
Format:
Word;
Rich Text
Instant download
Description
An option contract is a contract that gives the right to one party to enter into a second contract with the other party at a later date. One of the most common forms of option contracts deals with the sale of real estate. In this type of contract, the prospective buyer will be granted an option to purchase the property within a specified period of time.
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