EXHIBIT 10.23 Shelby County, Tennessee . OPTION TO PURCHASE AGREEMENT . THIS OPTION TO PURCHASE AGREEMENT (this “Agreement”), is made as of this 17 th day of July 2002, by and between DAN PALMER AND EDWARD A. LABRY III, jointly and severally, individuals having an address of 2525 Horizon Lake Drive, Memphis, TN 38133 (collectively, together with their respective heirs, permitted assigns If Optionee fails to exercise the Option on or before the last date for such exercise specified above, the option and this Agreement shall be null and void and of no further force or effect. If Optionee timely exercises the Option, this Agreement shall become a contract for the purchase of the Property on the terms and conditions herein set forth. Sample Commercial Real Estate Lease with Option to Purchase. More than just a template, our step-by-step interview process makes it easy to create a Commercial Real Estate Lease with Option to Purchase. Save, sign, print, and download your document when you are done. Buyer/Tenant of this Option to Purchase Agreement or the Lease Agreement, then in addition to any other remedies available to Seller/Landlord at law or in equity, Seller/Landlord shall have the option to terminate this Option to Purchase Agreement and all rights hereunder by giving written notice of termination. Tenant/Buyer is not (4) OPTION TO PURCHASE: The Tenant/Buyer, as part of the consideration herein, is hereby granted the exclusive right, option and privilege of purchasing property at any time during the term of this Lease/Option agreement or any extension thereof. The Tenant/Buyer shall notify the Landlord/Seller in writing of the exercise of this option at
OPTION MONEY: Upon execution of this Option, Purchaser has paid unto Seller the sum of $ as “Option Money”. In the event that Purchaser exercises the option to purchase this property within the initial option period or any extension thereof and is not in default in any other terms of this Agreement, said Option Money shall apply toward the purchase price at closing.
Florida Lease Agreement with Option to Purchase – PDF Template to enter into a binding contract wherein the tenant has the option to buy the rental property 10 Jun 2016 An Option Agreement is a legally binding contract where a person (Grantee) You want to buy a property (asset) for $100 million (exercise price). Have a look at the Sample document and there are many training videos It's important to point out, however, that the party buying the option is under no obligation to actually exercise this option and purchase the stock, since he or she Sample of an actual real estate Rent-to-Own contract. A contract of Lease covered with Option to Purchase. You are free to copy and paste this rento-to- own
You can buy the property for less under the early purchase option. must give you a sample RTO contract which covers the rental property that you specify, and
Sample Rent-To-Own Contract or Contract of Lease with Option to Purchase ( CLOP), Philippine Version. Last Updated on August 27, 2012 by Jay Castillo | Filed 10 May 2013 An "option agreement" is a contract used in real estate investing that gives you the right to purchase a property for an agreed upon price up to a Stock Option Agreement and Other Business Contracts, Forms and Agreeements. Stock Option Purchase Agreement - Annie's Inc. and Sarah Bird (Apr 27, 1 Aug 2019 A real estate purchase option is a contract on a specific piece of real Once a buyer has an option to buy a property, the seller cannot sell the
10 May 2013 An "option agreement" is a contract used in real estate investing that gives you the right to purchase a property for an agreed upon price up to a
Stock Option Agreement and Other Business Contracts, Forms and Agreeements. Stock Option Purchase Agreement - Annie's Inc. and Sarah Bird (Apr 27,
Include the following if part of the option price: will not be credited to purchase price. No part of the consideration for the option shall be credited to the purchase price, and the sums paid for the option shall be fully earned by the SELLER upon payment. Include the following if a broker: has not be used in transaction
At the end of the contract, the tenant has the option to purchase the property outright; Some forms of lease option have been criticized as predatory, if a lease You can buy the property for less under the early purchase option. must give you a sample RTO contract which covers the rental property that you specify, and Lease option - a lease option often refers to a lease with an option for a purchase agreement to be made. In that sense, it is used as another term for contract for