This standard comprehensive version is suitable for dealing
with a land owner who is happy with legal documents, or
with his solicitor. It does not contain the additional provisions
of other documents
About this document
This is an option agreement to buy land, that is, real property. This version is suitable in most circumstances.
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
Indemnities
A director’s guarantee, in case the seller is a company
Inclusion of any unregistered rights over adjacent land
A separate notice letter to exercise the option.
Word
Count (approximate):
Document: 1550
words
Explanatory notes:
425
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
