Assignment of Option Agreement
Free assignment of option agreement form
If you are planning to invest in real estate you might know how much important it is to take care of all legal formalities. Yes, absolutely right. When you plan to purchase a property from a seller there are end number of formalities that you need to go through. Free assignment of option agreement form specifies that in lieu of a particular sum of money, the seller has sold out a particular property to the buyer.
The date of purchase and other important terms and conditions are clearly mentioned here. To legalize the agreement you also need the help of witness from each party who would put the signature in order to make it worthy of consideration.
Printable real estate forms are not at all easy papers and they need to be handled with extreme care. If you are not very sure bout how the whole thing works you can take help of the professionals who would not only make you understand the whole thing properly but would also make your paper ready as per your requirement.
There would be many things that you might not understand in the first place, so it is always advisable to ask for aid and only after understanding the whole thing properly you should put signatures on those papers.
Forms and agreement papers should be notarized and sealed. You should not compromise in the making of such legal papers. Take proper delivery of such papers and carefully store them in safe place in order to avoid unwanted or unauthorized accessing.
Sample Template Preview
KNOW ALL MEN BY THESE PRESENTS, that the undersigned Option Seller, in consideration of the sum of _________________________________________ Dollars ($____________), and other valuable consideration, received from or on behalf of _____________________________________________, Option Buyer, at or before the delivery of these presents, the receipt and sufficiency of which is hereby acknowledged, does hereby grant, bargain, sell, assign, transfer, convey, and set over unto _________________________________________________, the Option Buyer, that certain Option To Purchase Agreement, dated the ________ day of _____________________, 20______, by and between _____________________________________________, as Optionor and ___________________________________________________, as Optionee, for the sale of the following described real property, situate and being in the County of ________________________, State of _______________, to wit:
(Insert Legal Description)
TO HAVE AND TO HOLD the same unto the said Option Buyer, and the heirs, legal representatives, successors and assigns forever.
IN WITNESS WHEREOF, the Option Seller has caused these presents to be executed in the name(s), and seal(s) to be affixed hereto this _____ day of ________________, 20_____.
Signed, sealed and delivered in the presence of:
Witness Option Seller: ____________________________
- Affadavit & Memorandum of Option 1 Party Agreement
- Affadavit & Memorandum of Option 2 Party Agreement
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- Notice of Intent to Exercise Option
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- Release of Option — MUTUAL RELEASES-Options
- Straight Option