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AIA Contract Documents are available for purchase by both AIA Members and Non Members, with AIA Members eligible for discounted pricing. AIA Central Valley carries a limited supply of paper documents. Please contact the Chapter office at 916-444-3658 to inquire about current stock and place an order.
An option contract should not be confused with a letter of intent. A letter of intent merely identifies the key understandings between two parties. It is non-binding. An option contract is an enforceable contract and is legally binding. In a real estate transaction, an option contract benefits the buyer. The seller is obligated to the contract to sell once the offer to sell is made.