Contracts
A Maryland option contract gives the buyer the right to:
AAutomatically purchase the property after 30 days
BPurchase the property at a set price within a specified period, but the buyer is not obligated to do so✓ Correct
CSell the property to a third party without the seller's consent
DReceive all rent collected during the option period
Explanation
An option contract grants the optionee (buyer) the right — but not the obligation — to purchase the property at a specified price within a specified time period.
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