Home Legal Projects Virginia Review an Options Contract in Virginia | 3 Proposals

How a Real Estate Business Hired a Lawyer to Review an Options Contract in Virginia

See real project results from ContractsCounsel's legal marketplace — this project was posted by a Real Estate business in Virginia seeking help to review an Options Contract. The client received 3 lawyer proposals with flat fee bids ranging from $385 to $950.

Service type
Review
Document type
Options Contract
Location
Virginia
Client type
Business
Client industry
Real Estate
Deadline
A week
Pricing Range
$385 - $950 (Flat fee)
Number of Bids
3 bids
Pages
25 pages

How much does it cost to Review an Options Contract in Virginia?

For this project, the client received 3 proposals from lawyers to review an Options Contract in Virginia, with flat fee bids ranging from $385 to $950 on a flat fee. Pricing may vary based on the complexity of the legal terms, the type of service requested, and the required turnaround time.

Project Description

In 2021, a business in Virginia sought assistance with reviewing an options contract after being offered a stock option agreement as a consultant. The client faced a specific concern regarding the contract's terms, particularly the expiration date coinciding with the vesting date, which is set for four years in the future. They needed a legal opinion to clarify whether the interpretation provided by the issuing company—that there would be ten years to exercise the stock option—was indeed correct. As a result, the client received three proposals from licensed lawyers, with flat fee bids ranging from $385 to $950, all submitted to complete the work within the requested deadline of one week.

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Lawyers that Bid on this Options Contract Project

Attorney

(136)

21 years practicing

Free consultation

Options Contract
Get Free Proposal
$500/h

General Counsel (Commercial, Tech & IP Focus)

(24)

14 years practicing

Free consultation

Options Contract
Get Free Proposal
$350/h

Partner/Attorney at Law

(68)

18 years practicing

Free consultation

Options Contract
Get Free Proposal
$500/h

Other Lawyers that Help with Virginia Projects

contracts lawyer and websites

(18)

19 years practicing

Free consultation

Get Free Proposal
$250/h

Self-Employed Legal Consultant

(2)

12 years practicing

Free consultation

Get Free Proposal
$120/h

Attorney

(1)

16 years practicing

Free consultation

Get Free Proposal
$275/h

Contract Attorney

(11)

32 years practicing

Free consultation

Get Free Proposal
$250/h

Other Lawyers that Help with Options Contract Projects

Owner/Lawyer

(1)

26 years practicing

Free consultation

Options Contract
Get Free Proposal
$300/h

Partner

(3)

22 years practicing

Free consultation

Options Contract
Get Free Proposal
$450/h

Attorney

(33)

5 years practicing

Free consultation

Options Contract
Get Free Proposal
$400/h

Managing Attorney

(1)

15 years practicing

Free consultation

Options Contract
Get Free Proposal
$175/h

Other Options Contract Postings

Draft Options Contract in California Draft Options Contract in New Jersey Draft Options Contract in New York Draft Options Contract in Texas Review Options Contract in District of Columbia Review Options Contract in Illinois Review Options Contract in New Mexico Review Options Contract in Ohio Review Options Contract in Oregon Review Options Contract in Washington

Forum Questions About Options Contract

Options Contract

California

Asked on Oct 10, 2022

Can I negotiate my stock option agreement?

I am being offered stock options by a potential employer. What can I negotiate?

Michael M.

Answered Oct 11, 2022

In general a stock option agreement is a mutually agreed upon contract. However, these documents must conform to to the terms of the Stock Option Plan. Typically, the only true negotiable item is the quantity of options one is receiving but each situation is fact specific.

Read 1 attorney answer>

Options Contract

Pennsylvania

Asked on Sep 23, 2021

Can you draft a real estate option agreement that is legal in PA and NY?

Hi, My name is Shawn Mallett. I am a real estate marketer and seller that is not real estate salesperson licensed. Can you confirm whether or not it is legal for me to utilize an option to purchase contract with a seller/wholesaler with the intention to sell and assign the contract (with the seller knowing this intention) rather than the intention to close on it myself? How much would you charge to confirm the legality of the following contract in both PA and NY and make the appropriate changes if needed? Option to Purchase Real Estate Agreement Date: 06/21/2021 This option agreement is entered between the Parties, Optionor(s) and Optionee(s), below in consideration of and subject to the following terms and conditions. 1. Parties ________________ and/or assigns as Optionee and _________________ as Optionor. 2. Property located in the Town of _________, County of _________, state of _________, to wit: Lot: ___________ Grid Number: ____________ 3. Offer: Optionee has the option to purchase this property at a price of __________________. 4. Period: 3 Years (1,095 days) 5. Terms and Conditions: ‐ Optionor understands that Optionees’s intention is to find an End‐ Buyer and assign this option agreement to that End‐Buyer for a fee (paid by the End‐Buyer). ‐ Optionor understands that Optionee is acting as a principal in the transaction and is not working as a licensed real estate broker representing anyone in the transaction. ‐ Upon Optionee’s decision to exercise this option, both parties agree to move forward with the necessary standard purchase and sales agreement. ‐ Optionor may cancel this agreement at any time if they find their own End‐ Buyer or decide not to sell. This cancellation must be done in writing. ‐ Optionor agrees to allow Optionee to advertise the property for sale. ‐ If Optionee does not acquire an End‐Buyer to assign this deal to within 3 years (three year) of acceptance of this Option Agreement, this agreement becomes null and void. ‐ All parties agree that property is sold in “as is” present condition unless noted otherwise. ‐ Time is of the essence in this agreement. OPTIONOR:____________________ DATE: 06/21/2021 OPTIONEE:__________________________________________________________________DATE: 06/21/2021 Thanks.

Samuel R.

Answered Oct 6, 2021

Yes I can draft this agreement for you.

Read 1 attorney answer>

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