kobell replied to the topic Using put and call optons to acquire proprty in the forum General Property 21 years ago
It is a good way of buying any property that you plan to onsell rather than settle on. You get to control it without owning it. It’s sort of like the yanks ‘and/or assigns’.
How it works is like this:
There is a standard contract of sale, but this is not signed, therefore not exchanged, and no stamp duty etc. Attached to this…
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