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Form 4-2: Proposal to Option Shopping Center Site in Approved Master-Planned Community from Residential Land Developer Inexperienced in Shopping Center Development; Exhibit: "Preliminary Development Schedule" 


(8 pages)


Proposal addresses these and other deal points:

  • Parties and purchase price.

  • Site description.

  • Possible upward or downward adjustment of purchase price.

  • Title.

  • Option period development tasks presented in detail to justify option period. Preliminary Development Schedule attached as an exhibit.

  • Option Payment Schedule.

  • Seller's right to Work Product.

  • Buyer entry right to conduct engineering, soil and other tests.

  • Assignment of Option.

  • Title Insurance.

  • Brokerage Commissions.

  • Expiration of offer.

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