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Topic: Option contract


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  Contract - Encyclopedia.WorldSearch   (Site not responding. Last check: 2007-08-15)
Typically, the remedy for breach of contract is an award of money damages intended to restore the injured party to the economic position that he or she expected from performance of the promise or promises (known as an "expectation measure" of damages).
This manifestation of assent theory of contract formation may be contrasted with older theories, in which it was sometimes argued that a contract required the parties to have a true meeting of the minds between the parties.
A contract which is implied in law is also called a quasi-contract, because it is not in fact a contract; rather, it is a means for the courts to remedy situations in which one party would be unjustly enriched were he or she not required to compensate the other.
encyclopedia.worldsearch.com /contract.htm   (2492 words)

  
 Articles - Option contract   (Site not responding. Last check: 2007-08-15)
An option contract is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer." Restatement (Second) of Contracts § 25 (1981).
Consideration for the option contract is still required as it is still a form of contract.
The option contract here is a bilateral contract; the promisor impliedly promises not to revoke the offer and the promisee impliedly promises to furnish complete performance.
www.storegolf.com /articles/Option_contract   (408 words)

  
 Option
In finance, an option is a contract whereby the contract buyer has a right to exercise a feature of the contract (the option) at future date (the exercise date), and the seller has the obligation to deliver the specified feature of the contract.
Additional to the intrinsic value an option has a time value, which decreases, the closer the option is to its expiry date (also see Option time value).
Generally the term "options" refers to a derivative security, an option which gives the holder of the option the right to purchase or sell a security at a predefined time in the future, for a predetermined amount.
www.brainyencyclopedia.com /encyclopedia/o/op/option.html   (1030 words)

  
 option Definition
The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (the strike price) during a specified period of time.
If the option contract is exercised, the writer is responsible for fulfilling the terms of the contract by delivering the shares to the appropriate party.
In the case of a security that cannot be delivered such as an index, the contract is settled in cash.
www.investorwords.com /3477/option.html   (338 words)

  
 Option Futures Contract Trading   (Site not responding. Last check: 2007-08-15)
Options on futures contracts were introduced at the CBOT in October 1982 when the exchange began trading Options on U.S. Treasury Bond futures.
The reasons for using options on futures are reflected in the structure of an option contract.
Options are considered "wasting assets." In other words, they have a limited life because each expires on a certain day, although it may be weeks, months, or years away.
www.agtraders.com /options101.cfm   (1888 words)

  
 option contract Definition
Each option contract has a buyer, called the holder, and a seller, known as the writer.
Option contracts, like stocks, are therefore said to have an asymmetrical payoff pattern.
Option contracts are most frequently as either leverage or protection.
www.investorwords.com /3482/option_contract.html   (341 words)

  
 Option - free-definition   (Site not responding. Last check: 2007-08-15)
Most often the term "options" refers to a derivative security, an option which gives the holder of the option the right to purchase or sell a security at a predefined time in the future, for a predetermined amount.
A real option may be something as simple as the opportunity to purchase a house at a given price at some period in the future.
The writer has the obligation to sell the house to the option buyer for the price agreed in the option while the option buyer does not have to purchase the house at all, so again the buyer has recieved something of value.
www.free-definition.com /Option.html   (996 words)

  
 Creative Financing: Buying with Option Contracts
Recording the option will establish an encumbrance on the property, warning all other buyers that the current owner is prohibited or restricted from selling the property without first notifying the option buyer.
Perhaps the best advantage that options offer is that many lenders allow the investor to exercise the purchase option and acquire the property with a refinance loan, instead of a purchase loan.
It is important to note that with the option contract, the seller keeps both the title and possession of the property.
www.dignitymortgage.com /Creative/Buying_with_Option_Contracts.htm   (2501 words)

  
 Screenplay Option
The option may be extended on the same terms for an additional ___ months upon mutual written consent.
Thereafter, the option may be extended for an additional ___ months upon notice and payment to you of $_______.
This Agreement shall be construed in accordance with the laws of the State of _________ applicable to contracts negotiated, executed, and to be wholly performed within said state.
www.absolutewrite.com /screenwriting/screenplay_option.htm   (652 words)

  
 WWWFinance - Option Contracts
Whereas a futures contract requires settlement between the buyer and seller at maturity of the contract, an option contract is settled at the discretion of the buyer.
Option contracts can be classified according to whether they they give the holder the right to buy or to sell the underlying asset.
A call option is a contract that gives the holder the right to buy a particular asset at a specified price (called the exercise price or strike price) within a specified period of time.
www.duke.edu /~charvey/Classes/ba350_1997/options/options.htm   (9439 words)

  
 60 Days to Your First Bargain Purchase
An option is not the same as a regular purchase contract, which is a bilateral agreement.
In summary, the lease option is a landlord-tenant relationship until the purchase is complete; the contract for deed is a sale at the inception of the agreement.
In rare cases a court may re-characterize lease option transaction as a contract for deed, but this is limited to situations where the transaction looks like sale (as in the case of a long-term lease option with a declining balance purchase price).
www.legalwiz.com /articles/lovscfd.htm   (916 words)

  
 Option Contract for Purchase of Real Estate
In the event that the BUYER exercises this Option, the Option Deposit shall be applied towards the purchase price of the Property.
There are no service contracts or agreements relating to the operation, maintenance, or security of the property under which the SELLER is bound and which will survive the closing.
This Contract shall bind and inure to the benefit of the parties hereto and their successors in interest.
www.floridacdc.org /forms/form28.html   (2217 words)

  
 Call Option Contract buy security stock market trading
A "call option" (or a “call”) is an option contract that gives the holder the right, but not the obligation, to buy 100 shares of an underlying security within a certain time frame, at a certain price (the “strike price”).
For instance, the premium for an option that expires in a month would be lower than the premium for an option that expires in two months.
You can now exercise your call option, demanding from the call seller (the option “writer”) that he or she sell the stock to you for $44.
www.index-funds-trading.com /technical_analysis/options_call_put.asp   (1937 words)

  
 Investment Dictionary Option contract - Investors Edge
contracts are most frequently as either leverage or protection.
(except when writing options for a security that is not already owned).
options (including both commissions and the bid/ask spread) is higher on a percentage
www.investorsedge.com /dictionary/Option_contract.html   (285 words)

  
 Lease Purchase Contract, Lease Option Contract, Rent to Own Contract
A contract is an agreement between two or more persons (individuals, businesses, organizations, or government agencies) to do, or not do, a particular thing in exchange for something of value.
The amount paid for the option is not refundable, and is applied to the purchase price of the property if the buyer elects to exercise the option, or is forfeited to the seller if the buyer does not exercise the option to purchase the property.
The lease purchase contract provides you with many features and benefits, but perhaps the most powerful one is the rate at which you accumulate equity.
www.lease2purchase.com /contracts.php   (3753 words)

  
 Option Contract   (Site not responding. Last check: 2007-08-15)
Note: This option contract is provided as a sample for educational purposes only.
This option shall remain in effect until _______________, 20 , and thereupon expire unless this option is sooner exercised.
This option agreement shall be binding upon and inure to the benefit of the parties, their successors, assigns, and personal representatives.
www.realestatebulldog.com /Option_Contract.htm   (246 words)

  
 BCSC: 91-902F - Call Option Contract
This is the form of call option contract required under section 75 (b) (iii) of the Securities Act.
(5) Upon presentation of this option to the undersigned within the time specified the undersigned agrees to accept notice of the Bearer's exercise by acknowledging presentation of this option which shall constitute a contract and shall be controlling with respect to delivery of the stock and settlement in accordance with (recognized) Stock Exchange procedures.
THIS CONTRACT WILL EXPIRE AT EXACTLY 3:15 P.M. If the (recognized) Stock Exchange is not in session at the expiry time due to a legal holiday, emergency closing or for any other reason, then this contract will expire at 3:15 p.m.
www.bcsc.bc.ca /policy.asp?id=768   (470 words)

  
 Honors Option Contract
Honors Option courses are selected from major requirements in the various disciplines.
By submitting this form, you verify that all information is correct, that you met with the specified faculty on the date given, and that the work required to complete the H-Option was agreed upon mutually between you and the faculty member.
This contract will be reviewed by the Honors Director and verified with the participating faculty member.
go.unk.edu /acad/honors/index.php?id=2020   (188 words)

  
 Real Estate Form: Legal Rental, Lease, Purchase and Option Contract Forms
Legal real estate contract - Commercial and residential real estate forms / agreements for rental, lease, sales, purchase, rental lease, lease option, purchase option, purchase offer, offer and acceptance, deed for land or installment land contacts.
An Option To Purchase is a contract by which the buyer pays for the right to purchase the property at a predetermined price within a specified period of time.
Also referred to as a "contract for purchase", "agreement to sell", "sales agreement" or "purchase agreement" contract.
www.nupplegal.com /formatw.html   (412 words)

  
 Contract Future Option, Contract Future Option info
option to purchase fee' is included with the final instalment and title to the goods then passes to the customer.
Contract An agreement to buy or sell a specified amount of a particular currency or option for a specified month in the future (See Futures contract).
Contract A term of reference describing a unit of trading for a commodity future or option.
www.winwithoptions.com /ContractFutureOption   (1084 words)

  
 Option Contract
This lot purchase option is made this ______ day of _______________, 2004 by and between Pacific Overlook S.A. (hereinafter “Seller”), and________________________________________________, (hereinafter “Purchaser”).
A lot option payment in the amount of ________________________ has been delivered by the Purchaser herewith and is made payable to Pacific Overlook S.A., the Seller.
The lot option payment will be applied to the purchase price of the property selected or can be applied to other properties available for sale in the development.
www.hanchey.com /option_contract.htm   (424 words)

  
 lease: lease option contract   (Site not responding. Last check: 2007-08-15)
Depreciation meeting fire rent to own one year autolease depreciation acreage mortgage lease option contract, autolease form leasing month to month realitor gecal termination termination.
Outside outside now one year residual termination eurolease leaseing comps lease option contract, realestatebook buyout autolease option to buy erealty open end lease option agreement prds.
Sublet second because lendco leases acmi negotiating refinance buyback lease option contract, sublet termination financing subletting one year payment purchase apartment.
lease0.blogspot.com /2005/05/lease-option-contract.html   (214 words)

  
 the “option contract”
The economics of the star system is a necessary prelude to understanding how the studios safeguarded their most precious asset.
  If the studio dropped the option, the actor was out of work; if the studio picked up the option, the actor continued on the payroll for another six months and received a predetermined raise in salary.
In short, the contract effectively tied a performer to the studio for seven years.
www.umsl.edu /divisions/artscience/english/faculty/grady/contract.htm   (228 words)

  
 Real Estate Purchase Option Contract Info and Guides   (Site not responding. Last check: 2007-08-15)
First question to ask yourself is who have your clients been working with or exploring their options of real estate investing with over the past 3-4 months.
Option to Purchase Form agreement for future real estate option - contract form.
A buyer uses a real estate option form to reserve the right to purchase property within a specific period of time.
www.contractsandmore.com /realestatepurchaseoptioncontract   (1737 words)

  
 Bullet-Proof Lease Purchase/Option Contract
A new contract that eliminates the troubles of the past with ‘equitable title’ — one that gives the power back to the person writing the contract (those I teach) as well as providing something that has never been accomplished before — a way to deal with rising market prices that is fair to all parties!
My new contract is most innovative in the fact that it continues to give all parties plenty of power to complete the deal as initially outlined when first signed, and when everyone does what they say they will do, everything will go smoothly.
Although this contract is certainly strong against a tenant/Buyer that doesn’t hold up to their end of the bargain, it is certainly not ‘one-sided’.
www.realestatesandwich.com /newLPOContract.html   (2075 words)

  
 Stocks - iEarn.biz   (Site not responding. Last check: 2007-08-15)
In finance, an option is a contract whereby the contract buyer has a right
A call option is a financial contract between two parties, the buyer and the
A stock option is a specific type of option with a stock as the underlying
iearn.biz /taxonomy/term/2?PHPSESSID=d2e2d032194d0aeafe88ec0ebea61665   (1244 words)

  
 Lease Option To Buy, Purchase, Lease Option Contract Form   (Site not responding. Last check: 2007-08-15)
Expertly drafted real estate contract for use nationwide, can be used to lease home, apartment, room or condo.
Adequate protection for both parties if covenants of purchase option are not performed.
Just add to your cart, checkout, click a button and your contract will be displayed on your screen, ready to fill in and use.
www.hrlegalmart.com /leaseoption.html   (202 words)

  
 b2bmyanmar.com - lease option contract   (Site not responding. Last check: 2007-08-15)
I've spent over $10,000 perfecting my contracts and now they can be all yours.
Read about lease option contract in the free online encyclopedia and dictionary.
Find results for lease option contract and anything else you are looking for instantly!
www.b2bmyanmar.com /Lease-Option-Contract.aspx   (241 words)

  
 Acceptance
Reasonable time is a question of fact depending on the circumstances existing when the offer and attempted acceptance are made; such circumstances include the nature of the proposed contract, the purposes of the parties, the course of dealing, and the relevant usages of the trade.
An irrevocable option is a contract, made for consideration, to keep an offer open for a prescribed period.
Although revocation and rejection of an offer are effective when received, the general rule is that a contract is made when the acceptance is dispatched, even though the letter of acceptance is lost and never reaches the offeror.
www.west.net /~smith/acceptance.htm   (1325 words)

  
 Option Contract   (Site not responding. Last check: 2007-08-15)
A contract, supported by consideration, that provides that an offer will stay open for a specified period of time.
Acceptable alternative ways of describing an option contract are:
A binding agreement to hold an offer open for a specified period of time.
www.users.interport.net /m/w/mwick/option.html   (54 words)

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