Answer:
A. Cost of a title search
Explanation:
Option B - Tenant's credit rating is a necessary thing when determining a fair option fee. So, it is not the correct answer.
Option C - Without the number of terms, it is difficult to determine a fair option fee. So, it is also incorrect.
Option D is also wrong, as property value is the main element of finding a fair fee.
Therefore, Option A is the answer as, during the determination of a fair option fee, the cost of the title search is not a necessary element.
