Assignment of Option to Purchase Real Estate For value received, ______________________________, of
______________________________, assignor, assigns to __________________________, of
____________________________, assignee, all rights and interest of assignor in an agreement,
dated __________________, 20______, whereby assignor was given the option to purchase from
_____________________________, of ____________________________________, the following described real estate at a price and under the terms and conditions therein contained:
[legal description]
Such option commenced on ___________________________, 20_________ and is valid until
_________ o'clock, _______.m., _______________________, 20_______.
Assignor, by virtue of this assignment, grants to assignee the right to exercise or reject the option in good faith and the right to recover any moneys deposited by assignor to receive said option.
Dated ___________________________, 20_______.
____________________________________
STATE OF _______________________ COUNTY OF ______________________
BEFORE ME, the undersigned authority, on this ______ day of ___________________, 20______, personally appeared ___________________________ to me well known to be the person described in and who signed the Foregoing, and acknowledged to me that he executed the same freely and voluntarily for the uses and purposes therein expressed.
WITNESS my hand and official seal the date aforesaid.
_______________________________
NOTARY PUBLIC This document and accompanying materials are designed to provide authoritative information in regard to the subject matter covered in it. It is for illustration purposes only and presented with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional opinions. If legal advice or other expert assistance is required, the services of a competent professional should be sought. |