Common use of OPTION CONSIDERATION Clause in Contracts

OPTION CONSIDERATION. As consideration for this Option to Purchase agreement, the Buyer/s/ Tenant/s shall pay the Seller/ Landlord/ Landlady a non-refundable fee of ______________________________________(in words) _______________________ receipt of which is hereby acknowledged by the Seller/Landlord. This amount shall be credited to the purchase price at closing if the Buyer/s/Tenant/s timely exercises the option to purchase, provided that the Buyer/s/Tenant/s:

Appears in 7 contracts

Samples: Own Agreement, Own Agreement, Own Agreement

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