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O her of option to lease residential premises APPROVED BY THE REAL ESTATE INSTITUTE OF WESTERN AUSTRALIA (INC.) COPYRIGHT REI WA 2012 FOR USE B Y REI WA MEMO ERS EXPLANATION FOR APPLICANTS Only complete
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An offer of option is a legal contract that allows an individual to purchase a specific property at a set price within a certain time frame.
The party who wishes to make an offer for the purchase of a property is required to file an offer of option.
To fill out an offer of option, one must include the property details, the offer price, the expiration date of the offer, and any conditions or contingencies.
The purpose of an offer of option is to give the party making the offer the exclusive right to purchase the property at a specified price for a specified period of time.
The offer of option must include details of the property, the offer price, the expiration date, and any conditions or contingencies.
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