An option agreement is made between the owner of the land and a developer who wishes to purchase the land subject to obtaining planning permission.
Whether you are a first time developer or a professional developer, the agreement can be as as complicated or simple as you require and can include:
- planning obligations
- option conditions
- purchase price conditions
- extensions on option dates
The agreement will provide security to the buyer knowing they will have the option to purchase the land on obtaining the planning permission.
Please contact us today to learn more about our service in this area.