Option Agreements Solicitors
We use option agreements to make sure you get a fair deal
Many businesses and landowners want to secure an opportunity to buy or sell land or property at a specified period in the future. Known as an option agreement – this typically occurs where a future purchase is dependent on the fulfilment of a specific condition, such as the granting of planning permission, but they can be structured in different ways.
Option agreements give peace of mind to both buyers and sellers that they are getting a fair deal with no surprises.
For sellers, an option agreement can provide an upfront payment and put an obligation to secure planning permission on the buyer; usually within a specified period. For purchasers of land or commercial property developers, an option agreement provides greater flexibility for business and portfolio planning.
Our highly experienced specialist team of solicitors advise a wide variety of clients on option agreements, including:
- Landowners selling or leasing land
- Developers acquiring land
- Parties involved in disputes relating to option agreements.
We help our clients to consider whether an option agreement is right for their circumstances, and to think through the implications of any conditional terms included in the agreement.