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Assignment Of Option To Purchase Real Estate
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)___
NOTICE
The information in this document is designed to provide an outline that
you can follow when formulating business or personal plans. Due to the variances by many
local, city, county and state laws, we recommend that you seek professional legal
counseling before entering into any contract or agreement.
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