Contracts
In Washington, an option contract gives the optionee the:
AObligation to buy the property
BRight but not obligation to purchase the property within a specified period✓ Correct
CRight to lease the property with automatic purchase
DDuty to pay the purchase price regardless of exercise
Explanation
An option contract gives the optionee (buyer) the exclusive right, but not the obligation, to purchase the property at an agreed price within a specified time period in exchange for consideration paid to the optionor.
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