When a person, upon payment of a consideration, has an obligation to buy land at a fixed price within a specified period, his right could be described as:

Study for the Barney Fletcher Exam. Prepare with flashcards and multiple choice questions, complete with hints and explanations. Get ready for your real estate licensing exam!

Multiple Choice

When a person, upon payment of a consideration, has an obligation to buy land at a fixed price within a specified period, his right could be described as:

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