Seller's Option
Categories: Derivatives
It's a seller's market when sellers have a lot of these.
The option on lots of little details ahead of the closing of the transaction is up to the seller. Like...who will cover the gardening costs in last month's transition of home ownership? (The buyer, duh.) Who will determine which state's law will govern conflicts, should they arise after the sale? Yeah, that's more Wall Street-y, and it's an issue.
Keyword: Right-to-Work state.
