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Developers option to purchase (part)Last Updated: 00 0000 2008DATED 200 Sample Property PSL PrecedentWARNING: This document is a sample Property PSL precedent. It contains an option to purchase in
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Developers option to purchase is a contract that gives a developer the exclusive right to purchase a property.
The developer who wishes to exercise their option to purchase the property is required to file the developers option to purchase.
Developers option to purchase can be filled out by including all relevant details of the property and the terms of the option agreement.
The purpose of developers option to purchase is to provide developers with the opportunity to secure a property for future development.
The developers option to purchase must include details of the property, the purchase price, the expiration date of the option, and any other relevant terms.
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