What is an Active Option Contract?

by Renee Fregenal

Real estate sales contracts in Texas and several other states include a provision known as the active option. Also known as the option period, this provision gives the buyer a designated period to have the property inspected and decide whether to move forward with the purchase. Here’s how an active option contract works. Inspection and […]

The post What is an Active Option Contract? appeared first on Houseopedia.

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