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Real Estate Option Agreement

A real estate option agreement is a contract that gives a buyer the exclusive right to purchase a property within a specified time frame, but without the obligation to do so. It includes the option price and terms for the potential future sale. This document is commonly used in real estate investment.

Why Use a Notary?

Notarizing a real estate option agreement ensures that both the buyer and seller understand and agree to the terms. It verifies the identities of the parties involved, reducing the risk of fraud. Notarization provides legal proof that the agreement was signed voluntarily, making it enforceable in case of a dispute. It also ensures that the agreement will be accepted by real estate professionals and financial institutions.