Option Register

Email : LegalAdvocacy@mail.com

Time wasters and Circumvention

An explanation of its function solving both ‘time wasters and circumvention’ in ‘Land & Property’ sales.

In business we all recognise people who phone and visit continuously to talk about a deal, you say yes but they never complete, and just waste your time, or you try to put a deal together but miss out because somebody has either been quicker to pay than you or you have been annoyingly circumvented. Applying an agreed Option on Option Register can put an end to that and prove a legal arrangement on line.

For the Seller / Owner : Time wasters are frustrating and expensive to anyone offering for sale Land and or Property. The Option document recognises that the Seller / Owner can basically say “put up or shut up” to these annoying people.

The Option document allows the Seller / Owner to establish a contract in law for an agreed period of time described as The Term with a Buyer or Agent automatically protecting them in law by ensuring that no one else is accepted by the Seller / Owner during the Option period from coming along and contracting to sell to them behind the Option holders back, preventing the other most annoying scenario that of Circumvention.

For the Buyer / Agent : The Duration or Term period agreed is established in order that the Buyer / Agent has time to put into place the required funding by themselves or those that they represent willing to purchase the land or property.

The Option also secures an arrangement for a payment from the Buyer / Agent directly to the Seller / Owner called a consideration payment. Both parties agree to a reasonable amount (this can be any agreeable amount from £1 to many £ thousands). Once the sale is under contract with the solicitors this Consideration amount will be credited against the amount agreed as the Purchase Price in full, otherwise it is forfeit.

The Option has now identified several points : It has identified the Owner / Seller and also the Buyer / Agent with their full details. It has identified the Duration / Term of the Option, and the Consideration payment. The document also identifies the Land and or Property that is being sold, by address, post code, ‘What Three Words’ and if available at the time of the Option the Land Registry reference. Finally the Purchase Price.

The Option document in itself not enough, it must be registered and can be historically proven its registered. This is viewable on the Internet Web page : www.LegallyRegistered.com where you can view, download and print off the details however, both parties contact numbers, the Purchase Price the identity of the Seller / Owner or the Buyer / Agent, will be disclosed on-line as these are private and privileged.

For the Buyer / Agent : It also grants the Buyer / Agent the legal right to Transfer the Option. The Seller / Owner will be correctly advised of the transfer, as this does not affect their position as Seller / Owner. The Term, nor agreed Purchase Price does not alter. The consideration is in place and only re-claimable if the sale does not go through or the Term is exceeded without contract whereupon it is lost to the Seller / Owner in full.

A new Option document is completed and a professional fee is paid to the Register, as was originally paid in the registration of the first Option recorded.

Legal Protection for Sellers

· You have land or property to sell

· You need legal proof of issued option

· Protection against time-wasters

· Same day protective contract

· Free service to seller

· Non repayable Consideration payment

· View, print, download, proof 24/7

Legal protection for Buyers

· You want to buy land or property

· You need legal circumvention protection

· You need time to sort the finance out

· You need a same day protective contract

· You need legal proof of Option

· Tax allowable low fee legal registration

· View, print, download, proof 24/7

How to establish an Option & Register it

You should have a Brochure and 2 x Option Documents.

The Seller / Owner agrees a Price with the Buyer / Agent.

The Buyer / Agent agrees a Consideration payment with the Seller / Owner and this is transacted.

The Seller / Owner agrees a Term which enables the Buyer / Agent to put into place the funding.

The Seller / Owner & The Buyer / Agent complete the Option Document and make a second Option Document in order that both have an original.

Each photograph the Option Document. This ensure they each have & hold an Original signed Option Document as legal proof.

The Next step is Registration of the Option Document to ensure its validity in law.

The Seller / Owner & The Buyer / Agent each send that photograph on their mobile by Email to : legaladvocacy@mail.com that we can tie the two individual photographs received almost together by the information showing the Option Number.

The next step is payment of the professional fee (100% tax allowable as a tax deduction as a legal fee).

The Buyer / Agent calls our number and pays the £80 professional fee to our online call handler : 01562 915 916

The Option number for this Option must be given as the payment Reference.

We now send out 2 Emails shown on the Option Document confirmation of the Registration and a Pass Code in order to access the uplifted Option in order to view, print off or download the Registered Documents.

Where an Option is transferred refer to the Terms & Condition Paragraph 15.

Important

It is incumbent upon both Buyer & Seller as part of their own due diligence to provide proof of their ID to each other. Both parties must be satisfied that the other is who they say they are and that it is those details that appear on the Option when registering the document. The seller must have full rights to sell the land and or property stated on the option document. READ OUR TERMS & CONDITIONS ATTACHED TO THE OPTION DOCUMENT

www.LegallyRegistered.com

As the Buyer / Holder of the Option

Using the private access pass code that we have sent you in your email and having entered it as shown, you are able to view, download and print-off the completed registered Option document.

You are able to rely upon this legal proof of its existence and your rights to hold the Option over the land and or property.

As the Seller You have legal Proof as to the registered deal with the Optionon holder relating to that your agreed sale price, agreed term of the Option and the consideration payment received.

The consideration is forfeit if the term date & time is reached without completion.

The consideration is non-refundable but allowable against completion.

Option documents can be used as a ‘flipping tool’ when registered by the Option holder who are then able to sell on their interest in whatever the Option was used for.

Two examples :

Some land or a property is available to be sold by the owner / seller and you know of a potential buyer but do not want to be circumvented by them or their associates. You agree the sale by Option arrangement by making an Option to purchase within a reasonable time (term) place your consideration payment (a small deposit type of payment) with the seller then Register your Option. Your potential buyer or group of buyers want to take the sale must now buy your Option from you and replace your registration of that Option with themselves, which is a very simple process. You have every right to sell that Option and earn a very nice middleman commission. Fees apply

You have the right to purchase an aircraft or boat and know that you can move it on fairly quickly. Make an Option to purchase within a reasonable time (term) place your consideration payment (a small deposit type of payment) with the seller then Register your Option. Seek your buyer by advertising or personal contact, make your sale by transferring the Option again a very simple process and you have earned a very nice middleman commission. Fees apply

The Option is a registered unique legal proof of a sale contract setting out a legal arrangement by and between the Owner / Seller and the Buyer.

Option Register

Land and Property Option legal Service

Email : LegalAdvocacy@mail.com

Time wasters and Circumvention

Legal Protection for Sellers

Legal protection for Buyers

How to establish an Option & Register it

Important

www.LegallyRegistered.com

Options can be used for more than simply Land or Property

www.LegallyRegistered.com

Log in to Option Register above to see example

Type in Pass Code : Option Register Blank 2024

Down load Option Documents

Should you need to contact us

Option Register - Roberts Mason & Templar