A sample of 7253 K ± → π ± e + e − (γ) decay candidates with 1.0% background contamination has been collected by the NA48/2 experiment at the CERN SPS, which allowed a precise measurement of the decay properties. The branching ratio in the full kinematic range was measured to be BR = (3.11 ± 0.12) × 10 −7 , where the uncertainty includes also the model dependence. The shape of the form factor W (z), where z = (M ee /M K ) 2 , was parameterized according to several models, and, in particular, the slope δ of the linear form factor W (z) = W 0 (1+δz) was determined to be δ = 2.32 ± 0.18. A possible CP violating asymmetry of K + and K − decay widths was investigated, and a conservative upper limit of 2.1 × 10 −2 at 90% CL was established.3