which is the best form: purchase and sale, option to purchase or

Question

I am interested in flipping a deal but want to get it into

contract, which is the best form? Purchase and sale agreement,

option to purchase real estate, or agreement to assign contract

for sale and purchase?

James C. · Answer

Pauline,

If you are just interested in a flip, Assignable Option to Purchase. Watch state regulations on those, and your agency laws as well.

Good Luck!

Jim

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