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Option agreements and conditional contracts cover arrangements where one party gains a right to require the other to enter into a further, more complete contract (often to buy or lease property) or to proceed once certain conditions are satisfied. A solicitor in this area drafts, negotiates and finalises the option or conditional terms, checks that conditions are clearly defined, and ensures remedies if conditions are not met. They may also advise on timing, enforceability, and risk allocation in advance of a future formal agreement.
The solicitor handles drafting options, conditioning events, sample formularies and triggers for completion, and the mechanics of exercising the option, including timeframes, notices, and any linked security or indemnities. They align commercial aims with enforceable terms, ensure that conditions precedent are achievable, and manage potential disputes arising from ambiguous conditions or failure to exercise the option.
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Tagged solicitor Amy Edwards
Amy Edwards dealt with a complex settlement agreement and transfer of shares confidently and efficiently to ensure I will be fully protected in the future. Professional and friendly company. Highly recommend.
Review left by Jill C
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Tagged solicitor Anna Seifert-Craggs
Kate and Anna from RFB did an outstanding job. The stamp duty holiday was about to end, but they managed to wrangle everything into place so we made it on the last day, saving us £4000. They also noticed irregularities in some of the contracts we were being asked to sign and fought for them to be changed in our favour. We were not aware and wouldn't have noticed, so we are very grateful to have been in such good and caring hands. Communication was also excellent and timely throughout.
Review left by Anonymous
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Tagged solicitor Jason Pradhan
Jason was incredibly helpful in working through the key issues in a modest sized but important contractual dispute.
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