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Get the free OPTION AGREEMENT - City of Lakeland

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VIC2 JANUARY 21, 2020MEMORANDUM TO:MAYOR AND CITY COMMISSIONER:CITY ATTORNEY\'S OFFICIATE:January 21, 2020RE:Planning Advisory Services Agreement with the Central Florida Regional Planning Council
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01
Obtain a standard option agreement template specific to the city where the property is located.
02
Fill in the personal information of both parties involved in the agreement, including names and addresses.
03
Clearly define the property in question, including the address and any relevant legal descriptions.
04
Specify the terms of the option, including the duration of the option period and any purchase price or other considerations.
05
Include any additional terms or conditions that both parties agree to, such as inspection periods or financing contingencies.
06
Sign and date the agreement, making sure that both parties receive a copy for their records.

Who needs option agreement - city?

01
Property owners looking to grant someone the option to purchase their property at a later date.
02
Investors interested in securing the right to buy a specific property in the future.
03
Developers or builders seeking to secure an option on a piece of land for future development.
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An option agreement - city is a legal document that grants the buyer the exclusive right to purchase a property within a specified period of time.
The buyer and seller involved in the transaction are required to file the option agreement - city.
The option agreement - city should be filled out with the details of the property, purchase price, expiration date of the option, and signatures of both parties.
The purpose of the option agreement - city is to outline the terms and conditions of the property purchase and provide legal protection for both parties.
The option agreement - city must include details such as property address, purchase price, expiration date of the option, and signatures of both parties.
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