Form 4-26

Memorandum of Option

Date:

Seller:

Seller’s Address:

Buyer:

Buyer’s Address:

Property:

Expiration Date:

Seller has granted Buyer an option to purchase the Property. The option must be exer­cised by the Expiration Date.

Optionor/Seller:

   
[Name of seller]

Optionee/Buyer:

   
[Name of buyer]