60 Question Test | Practice Real Estate

Question 1 of 60 | Restart Test

You offer your brother the option to buy your development company. Which scenario best describes the situation:

Your brother only has to pay for the option right if he decides to buy the company

Your brother has to pay for a portion of the company before assuming option rights

Your brother pays for the option rights, and only pays more if they accept the offer to buy the company

Your brother has three years within which to exercise their option right