Thnaks so much for your response

The opionee is running  the business.You are right this is technically not an option per se...however this is very common when the property can not qulaify for financing ( contamination issues) in the near future ,so the "seller "makes a situtational decision to monetize the value as much as he can and finds a a "buyer" who is willing to run the business until he can get fiancing when the property is cleaned up

So the rtransaction never gets recorded as a sale unless and until teh re isa transfer of property

My thinkin gis that this is a Selelr financed sale.