Put and Call Option Agreements

put and call option agreement | call and put options | put option
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Secure the site, know the costs and be 100% confident in your ability to meet deadlines

Whether you’re a small or large property developer, you face the same risks, complexities and comparative losses. Most developments constitute a large percentage of a business’s assets, so contracts must be fail-safe or provide an exit strategy for the developer.

The put and call option agreement is the critical document determining whether your project succeeds or fails. If you don’t complete it accurately and quickly, your competitors could secure a highly prized site integral to your business strategy. That’s a setback few modern developers can afford.

Securing the site requires negotiating the best deal quickly. Lengthy and complex put and call option agreements require exhaustive analysis, always addressing the developer’s specific needs. Anything that limits or delays the development must be highlighted and renegotiated.

But it’s also a race against time. Like you, your competitors are willing to put their time, energy, and collateral on the line. With two committed parties in direct competition, it becomes a race between the legal teams. After 40 years in the business, Marc Hardman knows how to eliminate delays and ensure you cross the line first.

Call and put options that benefit you for the life of the development project

With the benefit of Marc Hardman’s experience, you’ll understand the clauses, costs, laws, and regulations that you’ll negotiate during the life of the project. Marc Hardman’s expertise with put and call contracts eliminates risks, adds contingencies and provides an exit strategy if unforeseen circumstances threaten the success of the development.

As a developer, you know you’re taking a significant risk in return for huge rewards. But without the expertise and experience of Sydney’s best property lawyer, it’s unlikely every issue will be exposed. You could lose so much money, energy and time. Or you could partner with our team and confidently enter into the put and call arrangement, safe in the knowledge your due diligence is thorough and agreements are in your favour.

Vendors often ask us to draft put and call option agreements for both parties. Our fair and straightforward negotiations have won us the privilege of being trusted with drafting entire contracts for both parties. We often discover ways of protecting the interest of our clients without sacrificing the requirements of the seller.

Once you commit to working with our team, you’ll understand why we’re considered the best. It’s not only that we’ve successfully negotiated so many put and call option arrangements. It’s the way we become a part of your team, always making ourselves available, updating you regularly and proactively seeking the best terms.

Know every possible risk or benefit of the put and call arrangement, negotiate the best terms and be sure of the acquisition. Talk to us before you talk to an agent. Even better, talk to us before you look at the land.

We always pick up the phone.

Put and call option agreements, drafted, negotiated and signed fast

Identifying development project requirements

We quickly identify your needs to ensure the contract won’t limit your plans for the site or construction. Knowing the nature of your development helps us advise you on costs, timelines, approvals and ways to significantly reduce stamp duty and GST. You must structure the sale to minimise financial risk. After working with so many developers, we’re uniquely qualified to provide critical insights and advice.

Drafting the put and call agreement

Your put and call option arrangement will give you enough time to lodge every application and receive all necessary approvals before buying the property. Although the contract is very complex, you’ll understand it completely. We’ll explain every clause and term, illustrating how it will work to your advantage, including option fees. We ensure the agreement includes contingency and additional time in the schedule to meet your requirements. We complete the process thoroughly and quickly to secure the site before your competitors.

FAQs

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