Assignment of Option to Purchase Real Estate

For value received, ____________(1)_______________, of
____________(2)_______________, assignor, assigns to
___________(3)____________, of _____________(4)____________,
assignee, all rights and interest of assignor in an agreement,
dated ______(5)_________, 19__(6)_, whereby assignor was given
the option to purchase from _______(7)___________, of
________(8)______________, the following described real estate
at a price and under the terms and conditions therein
contained:

[legal description]

Such option commenced on _______(9)______________, 20__(10)_,
and is good until __(11)___ o'clock, _(12)_.m.,
________(13)___________, 20__(14)_.

Assignor, by virtue of this assignment, grants to assignee the
right to exercise or reject the option in good faith and the
right to recover any moneys deposited by assignor to receive
said option.

Dated ___________(15)____________, 20_(16)__.

                               ____________(17)_____________

STATE OF _______(18)____________

COUNTY OF ______(19)____________

BEFORE ME, the undersigned authority, on this _(20)_ day of
_______(21)________, 20_(22)_, personally appeared
___________(23)___________ to me well known to be the person
described in and who signed the Foregoing, and acknowledged to
me that he executed the same freely and voluntarily for the
uses and purposes therein expressed.

WITNESS my hand and official seal the date aforesaid.

                               __________(24)_______________
                                              NOTARY PUBLIC

My Commission Expires:__(25)___

Notice

The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. Due to the variances by many local, city, county and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.


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