Contracts
An option contract in Wyoming gives the buyer the right to:
APurchase the property at a later date at a predetermined price✓ Correct
BInspect the property for unlimited periods
CRequire the seller to lower the asking price
DAssign the contract without the seller's consent
Explanation
An option contract grants the buyer (optionee) the right—but not the obligation—to purchase property at an agreed price during a specified time period. The buyer pays an option fee to keep the option open.
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