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Document Id : 5379
File Type : Microsoft Word
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Georgia Option to Purchase Real Estate
Grant a developer, a tenant or other party an option to buy your real estate property in Georgia with this Option to Purchase Agreement.
- The parties agree to treat the Option Agreement as a purchase and sale contract if the purchase option is exercised.
- If the optionee elects to exercise its option, the option price will be treated as earnest money.
- If the option is not exercised, the option automatically expires at the end of the option period.
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