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The lease option is signed by you and the other party. A 3rd party I don't think would be allowed to enter that agreement. If you are really interested in proceeding with this, you might want to check with an attorney first as no one on this FAQ can give that clear answer without having read the contract and would need to know about Florida laws.

It is hard to offer you an exact answer as the poster above said. I'm not sure what your stake is in the property. If it a property you want to control, you can write the contracts to allow this. Check out www.iLease-a-House.com.They have some excellent sellers and investors packages that would help achieve your goal

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Q: Can you sell a lease option home in the state of Florida if it isn't stipulated in the contract that you cannot sell and if you can then how do you do it?
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Can an option contract be created without consideration?

No. An option contract requires consideration for the option. Absent consideration for the option, the offer may be withdrawn at any time.


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Difference between put option and call option?

The holder/purchaser/owner of a call option contract has the right to buy an asset (or call the asset away) from a writer/seller of a call option contract at the pre-determined contract or strike price. The holder/purchaser/owner of a call option contract expects the price of the underlying asset to rise during the term or duration of the call contract, for as the value of the underlying asset increases so does the value of the call option contract. Conversely, the write/seller of a call option contract expects the price of the underlying asset to remain stable or to decline. The holder/purchaser/owner of a put option contract has the right to sell an asset (or put the asset) to a writer/seller of a put option contract at the pre-determined contract or strike price. The holder/purchaser/owner of a put option contract expects the price of the underlying asset to decline during the term or duration of the put contract, for as the value of the underlying asset declines the contract value increases. Conversely, the writer/seller of a put option contract expects the price of the underlying asset to remain stable or to rise.


What type of contract do both parties have the option to avoid their contractual obligations?

what type of contract do both parties have the option to avoid their contractual obligations what type of contract do both parties have the option to avoid their contractual obligations


In a contract containing an option period when it is the offerer not allow to withdraw is offer when before acceptance by the offeree?

If the contract has not been signed, then the contract can be withdrawn at any time because there has been no legally binding acceptance of the terms of the contract. Once the contract jas been signed by both parties it definitely cannot be withdrawn.


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Lebron James contract runs out in late 2011. He does have the option to stay another year but that option is all up to him, and to him that option is "to-be-determined."


What is a player option in Major League Baseball?

'Player Option' is a term for a clause written into a player's contract that allows the player to extend the length of the contract for one year at a predetermined salary.If the player decides not to extend the contract, or 'pickup the option', the contract ends and the player becomes a free agent and can negotiate a new contract with any team.Just like a player option, contracts may also contain a 'team option'. This is a clause written into a contract similar to the player option except the team gets to decide whether they would like to extend the player's contract by one year for a predetermined salary.


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Can an offeror revoke an option contract if the offeror decides that the consideration given is inadequate?

No, an offeror can't revoke an option contract if the offeror decides that the consideration given is inadequate. There would be an option to purchase the land.


What is a contract to keep an offer open for a specific period of time called?

This is know as an option contract.