Contracts
A Kentucky real estate option contract gives the optionee the:
AObligation to purchase the property at the set price
BRight to purchase the property at a set price within a specified time✓ Correct
CRight to list the property for sale
DObligation to manage the property during the option period
Explanation
An option contract grants the optionee the right (but not the obligation) to purchase the property at a fixed price within a specified period, in exchange for option consideration.
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