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OPTION TO BUY REAL ESTATE AGREEMENT
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This document remains the property of Celestial Industries Pty ltd for its own personal & business use.
Legal documents by R.P Emery & Associates Updates:  www.rpemery.com

This Contract is made on the day of year of

Between
Personal Name of Seller of
Address of Seller
State of

and
Personal Name of Buyer of
Address of Buyer
State of
   
The Seller now owns the following described real estate, located at the following
Address
City of
State of
   
For valuable consideration, the Seller agrees to give the Buyer an exclusive option to buy this property for the
following price and on the following terms:

1.  The Buyer will pay the Seller $ for this option. This amount will be credited against the purchase  price of the property if this option is exercised by the Buyer. If the option is not exercised, the Seller will retain this payment.

2.  The option period will be from the date of this Agreement until year of at which time it will expire unless exercised.

3.   During this period, the Buyer has the option and exclusive right to buy the Seller's property mentioned above
for the purchase price of $ The Buyer must notify the Seller, in writing, of the decision to exercise this option.

4.  Attached to this Option Agreement is a completed Contract for the Sale of Real Estate.  If the Buyer notifies the Seller, in writing, of the decision to exercise the option within the option period, the Seller and Buyer agree to  sign the Contract for the Sale of Real Estate and complete the sale on the terms contained in the Contract.

5.   No modification of this Agreement will be effective unless it is in writing and is signed by both the Buyer and
Seller.  This Agreement binds and benefits both the Buyer and Seller and any successors. Time is of the essence  of this agreement.  This document, including any attachments, is the entire agreement between the Buyer and   Seller.

This document, including any attachments, is the entire contract between the Buyer and Seller this Agreement is governed by the laws of the State of in the Country of
 

Signature of Seller                                        ______________________________________
   
Name of Seller
 

Signature of Buyer                                        _______________________________________
   
Name of Buyer

Dated day of in the year of
   
   
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