Hello Natalie – given the potential of your property to gain value, if you agree to give the seller a right of pre-emption, you should consider the following options: Jake – It will only be possible to transfer your interests if the option agreement contains an assignment clause that will allow you to obtain the rights and obligations you have from the contract, a transfer. Assignment clauses are usually found towards the end of legal agreements. Have you had a remarkable experience with option agreements or overtaking? We and others who deal with commercial real estate would like to hear about it. Feel free to comment below and share your experience and wisdom. 12. Community law – principles – proportionality – Equal treatment – Scope – Decision finding that a network of agreements is incompatible with the competition rules and invalidates the exclusivity clause it contains – Assessment of the anti-competitive effects of the entire network – Infringement – No option agreement also offers flexibility in terms of time, which is currently essential. Options are often designed to allow the developer to exercise their ability to purchase the country at any time during the option period. In this way, developers can choose the most appropriate time for the exercise of the option, taking into account issues such as the granting of planning, the availability of development funding and the possibility of starting field work once the acquisition is complete.

