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OPTION AGREEMENT
This Option Agreement (hereinafter Option) entered this 1st day of July 2015 between
the CITY OF EAST LANSING, a Michigan municipality (hereinafter, Option or) and
CAPITAL AREA HOUSING
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What is option agreement this option?
An option agreement is a contract that gives a party the right, but not the obligation, to buy or sell an asset at a specific price before a certain date.
Who is required to file option agreement this option?
The parties involved in the option agreement are required to file the agreement.
How to fill out option agreement this option?
Option agreement can be filled out by entering all the relevant details of the agreement including the parties involved, asset description, price, and expiration date.
What is the purpose of option agreement this option?
The purpose of an option agreement is to provide a party with the flexibility to decide whether to exercise their right to buy or sell an asset at a later date.
What information must be reported on option agreement this option?
The information that must be reported on an option agreement includes the asset description, price, expiration date, and the parties involved.
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