Printable blank Residential Lease With Option To Purchase

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What is the Lease to Purchase Option Agreement?

The Lease To Purchase form is a classic lease document that provides the opportunity to purchase the rented property. The agreement establishes the conditions and amount of the possible purchase.

What I need the Lease to Purchase Option Agreement for?

This agreement form is intended to accompany the Residential Lease Agreement that is the main document for rental conditions.

Filling out Lease to Purchase Option Agreement

Provide the following information to complete the Agreement:

  • Term of option;
  • Exclusivity of option;
  • Notice required to exercise option;
  • Option consideration;
  • Purchase price;
  • Closing and settlement;
  • Remedies upon default;
  • Commissions;
  • Modification;
  • References in wording;
  • Time of performance;
  • Entire agreement;
  • Financing disclaimer;
  • Acknowledgment;
  • Choice of law and venue;
  • Signatures.

Organizations that work with Lease to Purchase Option Agreement

Two copies of the agreement have to be kept by the contracting parties or their authorized representatives. One copy is given to the broker responsible for the transaction.

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