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Taking options to acquire

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Most developers will look to negotiate an option for them to purchase the land within the site rather than entering into contracts to purchase the site. An option gives the developer a right to buy the property without any legal commitment to do so.

We have excessive experience in negotiation of option agreements both acting for the land owner and developer clients. Options are generally used by developers where the ability to develop the site or the nature of the development that will be possible is uncertain. The option agreement will need to cover the following basic elements:-

Your most convenient Rix & Kay office.

Ashford Office
Suite 4c, Third Floor,
International House, Dover Place
Ashford, Kent, TN23 1HU

Tel: 01233 225660
Fax: N/A
DX: N/A

Brighton & Hove Office
7 The Drive
Brighton & Hove
BN3 3JS

Tel: 01273 329797
Fax: 01273 324082
DX: 59257 Hove

Seaford Office
26 Sutton Park Road
Seaford, East Sussex
BN25 1QU

Tel: 01323 897766
Fax: 01323 490278
DX: 38905 Seaford

Sevenoaks Office
16 South Park
Sevenoaks
Kent
TN13 1AN

Tel: 01732 440855
Fax: 01732 440854
DX: 30025 Sevenoaks

Uckfield Office
The Courtyard
River Way
Uckfield, East Sussex
TN22 1SL

Tel: 01825 761555
Fax: 01825 764172
DX: 133963 Uckfield 2

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