Option with a Standard PA + Short Sale
1. In writing an Option in a Standard PA, is there language universally accepted? I know that it is an oxymoron in the heavily litigated real estate world, but generally speaking...
"Received of" [i[b]]"and or assigns"
"the sum of"...
2. Also, has anyone had experience exercising options in short sales, or is that a no-no?
Thx in advance!
Cat