Contracts
A Kentucky buyer who exercises an option to purchase must do so:
AIn writing before the option period expires✓ Correct
BVerbally to the seller within 30 days
CBy submitting a new offer
DThrough KREC's online portal
Explanation
To exercise an option, the optionee must provide written notice to the optionor before the option period expires. Verbal notice is generally not sufficient for the exercise of a real estate option.
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