Contracts
In New Hampshire, an option contract gives the optionee (buyer) the right to:
ACompel the seller to reduce the price within the option period
BPurchase the property at a set price within a specified time✓ Correct
CList the property with any broker of their choice
DExtend the closing date indefinitely
Explanation
An option contract gives the optionee the exclusive right — but not the obligation — to purchase the property at a predetermined price within a set time period. Consideration must be paid for the option.
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