Fill and Sign the Option to Buy Form

OPTION TO PURCHASE REAL ESTATE Seller       Address       City/County/State/Zip Buyer       Address       City/County/State/Zip WITNESSETH, that for and in consideration of the payment of $ ____________________ to Seller by Purchaser and the mutual promises and covenants hereinafter set forth, the parties hereto agree as follows: 1. Form of Contract of Sale. Seller binds himself to enter into contract with Purchaser, a copy of which contract is annexed to and made a part of this Agreement, upon the exercise by Purchaser of this option. 2. Expiration of Option. This option shall expire on ___________________ . 3. Extension of Option Period. Purchaser shall have the further option on or before ____________ to extend the option period for an additional period of _______ days to ______________ , upon giving notice of the extension of the option period to Seller prior to ___________________ , and tendering to Seller a sum of $ ___________________ as additional consideration. 4. Method of Giving Notice. This option is to be extended and exercised by Purchaser by giving written notice, mailed by certified mail, return receipt requested, to Seller, at his address. Payment covering consideration for this option shall be payable directly to the Seller. 5. Agreement Binding. This Agreement shall be binding upon the parties hereto and their respective heirs, administrators, successors, and assigns. IN WITNESS WHEREOF, the Parties hereto have Executed this Agreement on this ____ day of _________ , 20 __ . Seller_____________________________________ Buyer_____________________________________ - 1 -