Lead Realtor® | Contact Us | Tell A Friend | Bookmark Us

option

a contract between the seller/lessor and the buyer/lessee wherein the former, for a consideration known as option money, binds himself to reserve the property for the latter to purchase/lease at a stipulated price and within a stipulated period.

More at Philippine Real Estate Glossary - O

Home Page

Resources
   Glossary
      A
      B
      C
      D
      E
      F
      G
      H
      I
      J
      K
      L
      M
      N
      O
      P
      Q
      R
      S
      T
      U
      V
      W
      Z

  Financial Tables
  Real Estate Forms
  Government Documents
  Documentation Guides

Find Properties
  Featured Properties
  More Properties
  Setup Buyer Profile

Legal Fundamentals
Philippines Civil Code
Legal Foundations

Articles
  Explore "Exotic Cebu"
  Real Estate Basics
  Discrete Realty Cases

Current Events
Latest real estate updates all over Cebu and Philippines & more.

Discrete Realty Cases
Learn from real estate fraud, mistakes and anomalies in Philippines & more.

List your Property
Sale, rent or lease your property online for FREE & more.

Real Estate Basics
Taxations, legal aspects, regulations & more.

TOP