CaLAThe term

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Option to purchase

Alternative label:

Broader terms:
Law of obligation

Narrower terms:

Related terms:

Definition:
A right that entitles a person to compel the owner to sell or grant the property, but does not impose on him any duty to buy (EULIS / ELRA glossary).

Scope Note:
EULIS / ELRA term.

Identifier:
http://www.cadastralvocabulary.org/CaLAThe/OptionToPurchase

In other Languages:
Danish: Køberet
Turkish: Alım hakkı

CaLAThe_Ver5 Law of obligation Law of obligation Option to purchase Option to purchase Law of obligation->Option to purchase