tiktok³ÉÈ˰æ

Option To Purchase Commercial Real Estate Form Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Option To Purchase Commercial Real Estate Form

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Option To Purchase Commercial Real Estate Form

"I need an Option To Purchase Commercial Real Estate Form for a retail property in Manchester city centre, with a 12-month option period starting from March 2025, and including specific conditions about conducting environmental surveys before exercise of the option."

Document background
The Option To Purchase Commercial Real Estate Form is essential in commercial property transactions in England and Wales where parties wish to secure future purchase rights while maintaining flexibility. This document is commonly used when developers or investors need time to conduct due diligence, secure planning permission, or arrange financing before committing to a purchase. The agreement provides certainty for both parties by fixing the purchase price and terms while allowing the grantee time to make an informed decision. It must comply with strict legal requirements including those set out in the Law of Property Act 1925 and the Land Registration Act 2002.
Suggested Sections

1. Parties: Details of the option grantor and grantee, including full legal names and addresses

2. Background: Context and purpose of the option agreement, including brief property description and commercial intent

3. Definitions: Key terms used throughout the agreement including Property, Option Period, Option Price, Completion Date

4. Property Description: Detailed description of the property subject to the option, including registered title number and address

5. Option Period: Duration of the option and exercise timeframe, including start and end dates

6. Option Price: Purchase price and payment terms, including any price adjustment mechanisms

7. Exercise Mechanism: Process for exercising the option, including notice requirements and formalities

8. Completion Obligations: Requirements upon exercise of the option, including timing and payment provisions

Optional Sections

1. Deposit Provisions: Terms for any deposit payment, including amount, payment timing, and return conditions

2. Property Access Rights: Rights to access property during option period for surveys or investigations

3. Development Conditions: Conditions relating to property development, including planning permissions and restrictions

4. Assignment Rights: Rights to assign the option to third parties and conditions for assignment

Suggested Schedules

1. Property Plan: Plan showing the property boundaries and any relevant features

2. Title Documents: Copies of relevant title documents and registers

3. Form of Option Notice: Prescribed form for exercising the option

4. Special Conditions: Any specific conditions or requirements particular to this option agreement

5. Payment Schedule: Details of any staged payments or price calculations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




























Clauses




























Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Property Act 1925: Primary legislation governing land contracts, legal estates and interests in land, and requirements for written documentation in property transactions

Law of Property (Miscellaneous Provisions) Act 1989: Specifies that contracts must be in writing and signed by all parties, setting out formal requirements for valid land contracts under Section 2

Land Registration Act 2002: Governs registration requirements, priority of interests, and notice requirements for land transactions

Finance Act 2003: Contains provisions relating to Stamp Duty Land Tax (SDLT) implications for property options

Value Added Tax Act 1994: Covers VAT considerations and option to tax status of commercial property

Companies Act 2006: Specifies execution requirements when any party to the option agreement is a company

Town and Country Planning Act 1990: Addresses planning law considerations, including current planning permissions and potential development restrictions

Common Law Principles: Covers formation of contracts, consideration, terms and conditions, time limits, and exercise of options in property transactions

Land Registry Requirements: Specifies requirements for registration of option, priority notices, and form requirements for land registration

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Standard Form Real Estate Contract

find out more

Simple Land Sale Agreement

find out more

Purchase And Sale Agreement For Wholesalers

find out more

Offer To Purchase Real Property

find out more

Offer To Purchase Commercial Property

find out more

New Residential Purchase Agreement

find out more

Land Sales Agreement

find out more

Land Purchase Offer Form

find out more

Land Contract Purchase Agreement

find out more

Land Agreement Between Buyer And Seller

find out more

Intent To Purchase Land Agreement

find out more

For Sale By Owner Home Purchase Contract

find out more

Contract Agreement Between Buyer And Seller

find out more

Commercial Real Estate Offer Form

find out more

Cash Real Estate Contract

find out more

Buying Agency Agreement

find out more

Buyer And Seller Contract

find out more

Agreement Letter For Selling A Property

find out more

Principal Residence Purchase Contract

A legally binding agreement under English and Welsh law for the purchase of a primary residential property.

find out more

Option To Purchase Commercial Real Estate Form

A legal agreement under English and Welsh law granting the right to purchase commercial property at agreed terms within a specified period.

find out more

Standard Buyer Seller Agreement

A legally binding agreement under English and Welsh law governing the sale and purchase of goods between parties.

find out more

Residential Lot Purchase Agreement

A legally binding agreement for the purchase of residential land plots under English and Welsh law.

find out more

Generic Purchase And Sale Agreement

A standardized agreement for the sale and purchase of goods or assets under English and Welsh law.

find out more

New Construction Residential Purchase Agreement

A legal agreement for the purchase of newly constructed residential property in England and Wales.

find out more

Resale Property Agreement For Sale

A legal agreement under English and Welsh law for the sale and purchase of residential property between private parties.

find out more

Purchase Agreement For Multiple Properties

An English law agreement for the purchase of multiple properties in a single transaction.

find out more

Option To Purchase Form For Private Property

An English law agreement granting the right to purchase private property at agreed terms within a specified period.

find out more

Simple Land Sale Agreement Word Document

A legal agreement under English and Welsh law for the straightforward transfer of land or property between parties.

find out more

Home Sale Agreement Private Sale

A legally binding agreement under English and Welsh law documenting the private sale of residential property between individuals.

find out more

Offer To Purchase Commercial Real Estate Form

A formal offer document for commercial property purchases in England and Wales, outlining key terms and conditions of the proposed acquisition.

find out more

Short Form Purchase And Sale Agreement

A simplified contract for straightforward commercial sales transactions under English and Welsh law.

find out more

As Is Real Estate Contract Form

A legal agreement under English and Welsh law for the sale of property in its current condition, without warranties about its state.

find out more

Standard Property Sale Contract

A legally binding agreement for property transfer under English and Welsh law, detailing sale terms and parties' obligations.

find out more

Owner Financed Real Estate Purchase Agreement

An English law agreement enabling property purchase through seller financing, outlining sale terms and payment arrangements.

find out more

Real Estate Bill Of Sale Contract

A legal document under English and Welsh law that transfers ownership of real property between parties.

find out more

Apartment Buyer Agreement

A legally binding agreement under English and Welsh law that sets out the terms and conditions for the purchase of an apartment.

find out more

Assignable Purchase And Sale Agreement

A contract under English and Welsh law enabling asset sales with rights to transfer to third parties.

find out more

Commercial Lease Option To Buy

An English law agreement combining a commercial property lease with an option for the tenant to purchase the property at predetermined terms.

find out more

As Is Property Sale Agreement

A contract under English and Welsh law for the sale of property in its current condition, without warranties about its state.

find out more

Land For Sale By Owner Contract

A legal agreement under English and Welsh law for the direct sale of land between owner and buyer, without estate agent involvement.

find out more

Private Real Estate Sale Contract

An English law contract governing the sale and purchase of real property between private parties.

find out more

Offer To Purchase Property Form

A formal offer document used in England and Wales to propose terms for purchasing real property.

find out more

Agreement To Sell A House

A legal agreement under English and Welsh law documenting the terms and conditions for the sale of residential property between seller and buyer.

find out more

Contract For The Sale And Purchase Of Land

A legally binding agreement under English and Welsh law documenting the terms and conditions for transferring property ownership between seller and buyer.

find out more

As Is Purchase Agreement For Home

A legal agreement under English and Welsh law for the purchase of residential property in its current condition, without warranties about its state.

find out more

Standard Real Estate Contract

A legally binding agreement for property sale and purchase under English and Welsh law.

find out more

Real Estate Offer Contract

A legally binding document under English and Welsh law setting out terms for a proposed property purchase.

find out more

Buy Sell Agreement For A House

A legally binding contract under English and Welsh law governing the sale and purchase of residential property.

find out more

Real Estate Option To Purchase Agreement

An English law agreement granting the right to purchase specified real estate at predetermined terms within an agreed timeframe.

find out more

Joint Purchase Agreement For Property

A legal agreement under English and Welsh law governing the joint purchase and ownership of property by multiple parties.

find out more

Real Estate Buy And Sell Agreement

A contract for the sale and purchase of real property under English and Welsh law, setting out terms and conditions for property transfer.

find out more

Commercial Real Estate Offer To Purchase

A formal document under English and Welsh law initiating the purchase of commercial property, outlining key terms and conditions of the proposed transaction.

find out more

Apartment Sale And Purchase Agreement

A legal agreement for the sale and purchase of an apartment under English and Welsh law, detailing terms of property transfer and parties' obligations.

find out more

Purchase Agreement Improved Property

A legal agreement under English and Welsh law governing the sale and purchase of improved real estate property.

find out more

Buyer Contract Agreement

A legally binding agreement under English and Welsh law that establishes terms for purchasing goods or services.

find out more

Residential Sales Contract

An English law contract for the sale and purchase of residential property, setting out terms and conditions for property transfer.

find out more

Real Estate Sales Agreement Contract

A legally binding agreement for property sale and transfer under English and Welsh law, detailing terms and conditions of the transaction.

find out more

Letter Of Offer To Sell Property

A formal document under English and Welsh law outlining terms and conditions for selling a property.

find out more

Deed Of Purchase And Sale

A formal legal document used in England and Wales to transfer property ownership between parties, executed as a deed.

find out more

Offer And Agreement To Purchase

A legally binding offer to purchase property or assets, governed by English and Welsh law, setting out terms and conditions of the proposed transaction.

find out more

Buyer Seller Agreement

A legally binding contract under English and Welsh law governing the sale and purchase of goods between two parties.

find out more

Letter Of Intent To Purchase Land

A preliminary document under English law expressing intention to purchase land and outlining basic terms of the proposed transaction.

find out more

Real Estate Contract For Sale By Owner

A contract governed by English and Welsh law for the direct sale of property between owner and buyer without an estate agent's involvement.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.