When an Option to Purchase is presented, what should I do? PDF Print E-mail
Real Estate Self Help - Option To Purchase When Buying Property In Singapore

When an Option to Purchase is presented, what should I do?

You should not rush to pay the Option money until you agree with all the terms on the contract. You should:

  1. Consult a solicitor before taking any action
  2. If you want any amendments to be made to the Option, you should ensure that the Seller acknowledges on the amendments before you pay for the Option
  3. Make sure that any amendment is made with the Seller's consent, because the Seller is not legally obligated to make any amendments.
 
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