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Buy Back Option
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Builder giving Buy Back Option
Font Arial 11
Page Count 3
Word count 1051
Price: 199
  1. This Annexure (applicable for buy back option only) has been drafted to cover important aspects which needs to be kept in mind in case a company is intending to provide an option to buy back its plot or unit allotted to proposed Allottee and the same is opted by the proposed Allottee;
  2. It majorly contains clause how the Allottee can opt this option, at what time period he/she can apply to the company for opting aforesaid option, what price company will offer in case Allottee opt buy back option and what will be the terms and condition on the fulfilling of which Allottee can apply for buy back option.
  3. Please note that user may have to work on this keeping in mind the facts and peculiar conditions of the case in hand. Further in every industry including real estate industry, builders may use different business model, or structure for the same kind of transaction, so clauses may not be so relevant for someone looking from different perspective.  
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