In the event Seller is unable with the exercise of due diligence to satisfy said objections within thirty days after said notice, Buyer may, at Buyers option: (i) extend the time period for Seller to satisfy said objections, (ii) accept title subject to the objections raised by Buyer, without an adjustment in the purchase price in which event said objections shall be deemed to be waived for all purposes, or (iii) rescind this Agreement, whereupon the deposit described herein shall be returned to Buyer and this Agreement shall be of no further force and effect.

nice exercise nick, and good answers by all...a good way to spice up a boring 'paperwork monday'

In this market, lenders are generally reluctant to exercise this option on a performing loan.

It is another great exercise in financial awareness.

That's why I see more 1031 investors exercising their power on the sell side.  

But now we're starting to see the projects mature and sell or re-sign leases so it's an interesting intellectual exercise to proforma a tic as a medium hold defensive investing position at the end of a bull market. 

You can also find a buyer while you are leasing it, exercise the option and do a double close.  

If the fund goes down you don’t loose any money (you just don’t get any growth - or little growth, there’s a lot of available options) if the fund goes up they exercise the option and you’re money grows within the cap allowed by the policy (usually as high as 6-7%). 

What are some areas that already exercise?

That additional equity goes to me when the new Tenant Buyer exercises their option.