Contracts (alternative)
Under Maryland law, an option contract in real estate gives the optionee the right to:
AForce the optionor to buy their property
BPurchase the property at a set price within a specified time period✓ Correct
CLease the property at a fixed rent indefinitely
DTransfer the option to any party without consent
Explanation
An option contract grants the optionee the exclusive right (but not obligation) to purchase the property at a specified price within the option period. The optionor must sell if the optionee exercises the option.
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