Assignment of Option To Purchase Real Estate Business Form

A legal form used to grant rights to assignee to exercise or reject the option in good faith and the right to recover any moneys deposited by assignor to receive said real estate ptions.

To use this form, Copy the form text from the web page with your mouse (Ctrl+C) and paste it (Ctrl+V) into a new Microsoft Word document. Edit the blanks in the document and type in your own information. Fill in the banks and print it out and sign.

Assignment of Option To Purchase Real Estate Business Form

Assignment of Option To Purchase Real Estate Business Form

For value received, ____________(1)_______________, of ____________(2)_______________, assignor, assigns to ___________(3)____________, of _____________(4)____________, assignee, all rights and interest of assignor in an agreement, dated ______(5)_________, 19__(6)_, whereby assignor was given the option to purchase from _______(7)___________, of ________(8)______________, the following described real estate at a price and under the terms and conditions therein contained:

[legal description]

Such option commenced on _______(9)______________, 19__(10)_, and is good until __(11)___ o'clock, _(12)_.m., ________(13)___________, 19__(14)_.

Assignor, by virtue of this assignment, grants to assignee the right to exercise or reject the option in good faith and the right to recover any moneys deposited by assignor to receive said option.

Dated ___________(15)____________, 19_(16)__.

____________(17)_______________

STATE OF _______(18)____________

COUNTY OF ______(19)____________

BEFORE ME, the undersigned authority, on this _(20)_ day of _______(21)________, 19_(22)_, personally appeared ___________(23)___________ to me well known to be the person described in and who signed the Foregoing, and acknowledged to me that he executed the same freely and voluntarily for the uses and purposes therein expressed.

WITNESS my hand and official seal the date aforesaid.

__________(24)_________________ NOTARY PUBLIC

My Commission Expires:__(25)___

PLEASE NOTE:

The free legal forms and information displayed in this document is designed to provide you with an example that you can follow when creating your own business legal documents. As you know, local county, city and state laws vary. Therefore, it is recommend that you seek the professional legal counsel (from an attorney) before you enter into any legal binding contract or agreement. Hoover Web Design is not responsible for any liability that comes from the use of this free legal form.

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