Common Contracts

OPTION AGREEMENT FOR PURCHASE OF REAL ESTATE

Purchase and Sale Agreement • May 9th, 2022 • Georgia

• Contract Type
  Purchase and Sale Agreement
• Filed
  May 9th, 2022
• Jurisdiction
  Georgia

THIS OPTION AGREEMENT (“Option Agreement”) is made and entered into as of this ___ day of ____________, 20__, (“Effective Date”) by and between CHATHAM COUNTY/CITY OF SAVANNAH LAND BANK AUTHORITY, INC., a Georgia special purpose government authority (“PURCHASER”) and The Mayor and Aldermen of the City of Savannah, a Georgia Municipal Corporation (“OWNER”) (each a “Party” and collectively the “Parties”).