Definition: the party who takes and option and pays a consideration
Pronunciation: \ˌäp-shə-ˈnē\
Used in a Sentence: The optionee had the exclusive rights to buy the property during the specified period of time.
Definition: the party who takes and option and pays a consideration
Pronunciation: \ˌäp-shə-ˈnē\
Used in a Sentence: The optionee had the exclusive rights to buy the property during the specified period of time.