About this document
This is an option agreement to buy land, that is, real property.
This is a version suitable in most circumstances. Unlike our other option agreements, this document has been drawn specifically for individuals who are less confident in dealing with legal matters. Whilst it is a comprehensive version, and includes all required paragraphs, and has been drawn using plain language.
Application and features
- Sets out a clear and logical pathway for exercise of the option;
- All variables are clear and in one place;
- Suitable for a variety of land types and situations;
- Written in plain English;
- Includes explanatory notes.
Contents
- Property and option details;
- The essence of the agreement;
- Registering the option and HM Land Registry;
- Provision for buyer to nominate the purchase to someone else;
- Buyers warranties;
- Sellers warranties as to the current planning status of the land;
- Confidentiality;
- A separate notice letter to exercise the option.
Draftsman
This document is drawn and maintained by qualified lawyers at Net Lawman. It is real law in plain English.
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This document comes with a full money back guarantee. You take no risk that it might not be right for your situation. Once you buy it, we’ll give you 30 days to evaluate it in any way you want. If for any reason it's not right, just e-mail us and we’ll refund your money in full immediately. Read more about our guarantee policy.
Real law
Every document is drawn by an experienced, qualified lawyer and reviewed by another - just as in any law practice. We incorporate changes to the law quickly so that our documents are up to date. Read more about how we draw our documents.
Real world experience added
As much as possible, our documents and guidance notes incorporate practical angles that only lawyers with commercial experience could include. Our drafting team have not just many years experience advising clients in practice, but also have the experience owning and managing businesses in a wide variety of industries. Our documents aim to give you an edge as well as achieving a legal outcome. Read more about the Net Lawman team.
Plain language
We write our documents in language that everyone (and not just lawyers) can understand. Not only does this make your task of editing the document easier, but it also decreases the likelihood of another party breaking or disputing the agreement on the grounds of not having understood the terms. Read more about why plain English is important in legal documents.
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Many of our customers are lawyers, but our documents don't require you to be one. Wherever it may be needed, our guidance notes explain the purpose of each paragraph, whether we recommend changing it, and what you might like to consider before you do so.
Our view is that, when editing our documents, you shouldn't have to worry about how to add legal wording. So our documents consider a far greater range of issues than our average customer will need, and because we avoid cross referencing paragraphs, we make it easy for you simply to delete what you don't need without affecting the rest of the document.
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Our legal team is on hand to help customise a document in an unusual circumstances, or even to draft a document from scratch. Read more about our contract drafting service.
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