Code Section 5.062(a)(2) states: "An option to purchase real property that includes or is combined or executed concurrently with a residential lease agreement, together with the lease, is considered an executory contract for conveyance of real property."

And, unless there is a requirement by law to describe a sale price on a deed of conveyance, prices generally aren't shown.

As Steve pointed out, you can have a "performance deed" or use conveyance deeds vesting legal title when conditions are met, better said, rights may revert back if conditions are violated.

I would start one from scratch and then convey the properties one at a time into the new series LLC.In terms of the potential pitfalls...Some lawyers are concerned that courts will simply disregard the series structure and open the entire entity to exposure -- even though the statute specifically says that the assets and liabilities are segregated. 

There are so many cascading effects to consider,.There is so much more to talk about this topic that it is hard to convey through typing. 

In addition they well probably get you a better deal on the house by identifying more issues and doing an excellent job in conveying t hem to the seller. 

NO ESCROW: I understand Buyer may choose to “close” this transaction without the use of an escrow company and may record the conveyance documents himself. ________ 12.

The following is what it states on the website:Cash only offers and can only convey title with a QCD.

Section 12 (which makes me wonder if a UCC filing is a type of conveyance)"This agreement is personal to Buyer herein, and no conveyance shall be made of Buyer of the premises herein described, or any part, or any beneficial interest thereof without first obtaining the prior written consent of the Seller. 

Not sure i'd spend all of my energy on this option either.I don't know a bankruptcy lawyer alive that would be dumb enough to think a bankruptcy discharge conveys free and clear title to the borrower.