This standard comprehensive version is suitable for dealing
with a land owner who requires an option agreement in its
simplest form. Completely watertight yet elegantly easy
About this document
This is an option agreement to buy land, that is, real property.
This is a version most suitable in circumstances. Unlike our other option agreements, this document has been drawn specifically for individuals who are less confident in dealing with legal matters. Whilst it is a comprehensive version, and includes all required paragraphs, and has been drawn using plain language.
Application
and features
Sets out a clear and logical pathway for exercise of the option
All variables are clear and in one place
Suitable for a variety of land types and situations
Written in plain English
Includes explanatory notes.
Contents
Property and option details
The essence of the agreement
Registering the option and HM Land Registry
Provision for buyer to nominate the purchase to someone else
Buyers warranties
Sellers warranties as to the current planning status of the land
Confidentiality
A separate notice letter to exercise the option.
Word
Count (approximate):
Document: 700
words
Explanatory notes:
421
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
