Posted by John B. Corey Jr. on September 10, 2005 at 22:00:34:
Depending on what is allowed in the specific state you can record a notice of interest (sometimes called something else). This does not state what your interest is in the property, just that you have an interest.
Only record something against a title when you have a true legal interest and right to record. Otherwise you can be sued for damages.
BTW - You sometimes do not want to record the actual option because you do not want to advertise what you are paying. If you later sell it helps your position if the buyer can not tell what you paid until after they have completed on the purchase. Otherwise they might wait out your option and buy from the original seller.
Chelsea Private Equity LLC