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Tag: Termination Option Period


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What is the deadline for your buyer to pay an option fee?

09/30/2016 | Author: TAR Legal Staff

The option fee under Paragraph 23 in the One to Four Family Residential Contract (Resale) does not have the same time deadline as the notice of termination.

Categories: Forms, Legal

A red pen circles a date on a white paper calendar.

How to calculate the last day of your client’s option period

01/14/2016 | Author: Editorial Staff

Use this example to help you calculate.

Categories: Legal

Close up of a calendar with red Xs on several dates and a hand holding a red pen hovering over one date with no X

What time does your client’s termination-option period end?

01/08/2016 | Author: Editorial Staff

The deadline for this time-sensitive action has changed.

Categories: Forms, Legal

Two woman and one man talking in a small group looking at a piece of paper together

When a seller may want to wait to make agreed-upon repairs

12/03/2014 | Author: Editorial Staff

Can a buyer exercise his right to terminate during the option period after requested repairs have been made?

Categories: Forms, Legal

A hand holds several $100 bills.

Who pays to extend the option period?

11/26/2014 | Author: Editorial Staff

A buyer wants more time to inspect the property because the seller didn’t turn the utilities on as agreed.

Categories: Legal