Used when you wish to secure the Sale or Purchase of Business at a predetermined price and date.
An Option to purchase a business is a contract between two parties giving the purchaser (grantee) the exclusive right, without the obligation to buy the business in question. For accepting this obligation the seller (grantor) receives and keeps an option fee whether the option is exercised or not.
If the option is exercised, the parties then agree to buy and sell the business. But on what terms of sale? To ensure a legally binding agreement to buy and sell, the option includes our Contract for Sale of Business.
These Agreements are available for Immediate Download upon successful payment with a credit card or Paypal (paypal Echeques excluded).