Common use of SATISFIED WITH THE OPTION PRICE Clause in Contracts

SATISFIED WITH THE OPTION PRICE. I acknowledge that I am leasing the Property and I have a right to purchase said Property if I so choose. All concessions will be applied towards the purchase or towards funds to close. I understand that neither party to this Acknowledgment has the ability to forecast the future amount of an appraisal/valuation in 12 to 24 months' time. The Fair Market Value of the appraisal may be more or less than the agreed-upon option price.

SATISFIED WITH THE OPTION PRICE. I acknowledge that I am leasing the Property and I have a right to purchase said Property if I so choose. All concessions will be applied towards the purchase or towards funds to close. I understand that neither party to this Acknowledgment has the ability to forecast the future amount of an appraisal/valuation in 12 to 24 months' ’ time. The Fair Market Value of the appraisal may be more or less than the agreed-upon option price.