Option Listing: A listing in which the broker also retains an option to purchase the property for the brokers own account. In view of the body of litigation involving breach of fiduciary duties by brokers who conceal offers from buyers until after the broker has exercised the option, full and fair disclosure must be given to the seller.

 

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Option Listing: A listing in which the broker also retains an option to purchase the property for the brokers own account. In view of the body of litigation involving breach of fiduciary duties by brokers w . . . View Full Definition

Option: Buying an option gives you the right to buy or sell a specific financial instrument at a specific price, called the strike price, during a preset period of time. In the United States, you ca . . . View Full Definition

Option Account: A brokerage account that is approved to hold option positions or trades.

Option Agreement: A form that an options investor opening an option account fills out guarantees the investor will follow trading regulations and has the financial resources to settle possible losses.