_________________________, referred to as SELLER, grants to BUYER the exclusive right to purchase the following parcel of real estate situated in __________________________ District, State of __________________________:
until _____________________, upon the terms and conditions stated herein.
The Buyer may obtain a single extension of this exclusive option for a period of _________________ by the payment of a sum of Rs. ____ (______________________& ___/100 rupees) before the expiration of the original term of the option herein.
The Buyer may exercise this option by notice to the owner. The sales price shall be a total of Rs._______ (______________________& ____/100 rupees)….
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