Option to Purchase Land | UK

Are you buying a real estate property in the UK? Prevent the seller from dealing with other prospective buyers with this UK Anti-Gazumping Agreement.

• Exclusivity. The Agreement creates an exclusivity period during which the seller agrees not to continue to seek purchasers or allow others to do so (such as estate agents), provide information to other persons or allow them access to the property (except for persons acting on your behalf), or to commit to sell the property to anyone else.
• No Obligation to Complete. The Agreement does not bind either party to complete the purchase and sale of the property. After the exclusivity period expires the seller is free to deal with other prospective purchasers.
• The template also includes a Withdrawal Notice and an Offer Letter form, which can be used by either party.