Option Agreements

Option agreements can operate in many different ways. There are call option agreements (where the developer decides if they will purchase the land) or put option agreements (where the landowner can decide if the land is sold) and cross option agreements (which are a combination of put and call option agreements).

Key considerations include:-

  • What is the length of the option period?
  • Will it be possible to extend the option period?
  • How much will the option sum be?
  • Is the exercise of the option agreement to be conditional on other factors?
  • Will one party pay the other’s legal and professional fees?

Our team is vastly experienced in dealing with option agreement, so if you are wishing to enter into an option agreement, then please get in contact.

Meet the Property team

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Helen Bazely

Hayley Butler

Chris Darke

Rodney Edwards

Neil Henson

Anjum Khaliq

Sharron Lewis

Kruti Pandya

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