THIS AGREMENT is made the ___________________day of _____________________ 19____________
BETWEEN
1) ________________________of ___________________– 2) ________________________of ___________________–
WHEREAS:
A) The assignor is the holder of an option to purchase property located at
_______________________________which expires on ______________________ B) The assignor wishes to sell the option to the assignee
NOW IT IS HEREBY AGREED as follows:
1. In consideration for the payment of £_______receipt of which the assignee hereby
acknowledges, the assignor hereby transfers his/her entire interest in the option and all
his/her rights thereunder to the assignee.
- The assignor warrants the transfer is fully assignable
- The assignee, by accepting the transfer of the option, agrees to exercise the option, if at
all, according to its terms.
4. This agreement shall by binding upon and inure to the benefit of the parties, their
successors and assigns.
IN WITNESS OF WHICH the parties have signed this agreement the day and year first above written).
________________________________ Signed by or on behalf of the assignor
In the presence of (witness)
Name ———————————————- Address ———————————————– ———————————————- Occupation ———————————————-
______________________________ Signed by or on behalf of the assignee
In the presence of (witness)
Name ————————————————- Address ———————————————- ———————————————- Occupation ———————————————-
