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AU-PR310 Option to buy land - additional price, assignable | | Price: A$ 45 |
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| | | About this document
This is an option agreement to buy land, that is, real property. It includes paragraphs for assignment.
This is a version most suitable in circumstances. It has a build in provisions for increasing the exercise price in proportion to the increased value of the land, thus returning a “fair” proportion of the increase to the seller, regardless of the level of success of any scheme. It is suitable for any type of land - field, farm, shop, garage, house, derelict site and so on.
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;
- Calculation of price or additional price or extended option;
- Registering the option;
- 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;
- Assignment;
- An optional 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.
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AU-PR310 Option to buy land - additional price, assignable | | Price: A$ 45 |
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Document length: 2400+ words; Explanatory notes: 1000 words |
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Buying procedure explained : | - Click on "buy this document";
- provide your e-mail address and password;
- provide usual basic contact information and choose cheque or credit card payment;
- give credit card details on a WorldPay secure page;
- download your document and your invoice from the document collection point on our home page;
- you may need to allow two or three minutes for your payment to be processed before your document is available;
- you have 30 days within which to collect your document as often as you like;
- you can use your document as often as you like for one company or business only.
- your document is provided in format readable by most word processing programmes.
- If you choose to pay by cheque please print the form we provide, as instructed.
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