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This Option Agreement granted First Sheen the option to purchase certain other properties (the “Properties”) from the Taxpayers’ property portfolio if the Taxpayers failed to repay the ...
The downside to lease-option agreements is that if a buyer doesn’t purchase the property then they will likely lose their down payment. The lease-purchase agreement is different from the lease ...
Unless the option agreement caps damages claims, a debtor seller should undertake a cost benefit analysis before moving to reject an option to purchase real estate because the value of selling to ...
A written contract documents an agreement between two ... an option contract gives the buyer the option to make the purchase but doesn't bind them to it. A firm offer to buy the $10,000 ...
The option agreement for the purchase of the property is in effect for one year, though it can be extended twice. According ...