You can open the Lease Option Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Lease Option Agreement Template Printable | Editable FormSample
[Name of the Property Owner]
[Owner’s ID]
[Owner’s Address]
[Owner’s Phone]
[Owner’s Email]
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
This document formalizes the lease option agreement for the property located at [Property Address], entered into on [Date of Agreement], allowing the Tenant the option to purchase the property.
The Property Owner grants the Tenant the exclusive right to purchase the property during the term of this agreement for a price of [Purchase Price], under the conditions specified herein.
The lease option term will commence on [Start Date] and will end on [End Date]. The Tenant has the right to extend this period under mutually agreed terms.
The Tenant agrees to pay a monthly rent of [Amount], due on the [Due Date] of each month. [Specify payment method and any late fees].
The Tenant shall provide a non-refundable option fee of [Amount] upon signing this agreement, which will be applied to the purchase price should the Tenant exercise the option.
The Tenant is responsible for maintaining the property in good condition during the lease term. The Tenant shall notify the Owner of any necessary repairs.
To exercise the purchase option, the Tenant must provide written notice to the Owner at least [Notice Period] before the expiration of this agreement.
This agreement shall be governed by the laws of [Jurisdiction].
[Signature of the Property Owner]
[Name of the Property Owner]
[Signature of the Tenant]
[Name of the Tenant]
[Name of the Property Owner]
[Owner’s ID]
[Owner’s Address]
[Owner’s Phone]
[Owner’s Email]
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
This lease option agreement is established on [Date of Agreement], granting the Tenant the option to purchase the property located at [Property Address].
The total purchase price for the property shall be [Purchase Price], which is valid throughout the duration of the lease option agreement.
The lease will commence on [Start Date] and will terminate on [End Date], unless renewed by mutual consent.
The Tenant shall make rental payments of [Amount] each month, due on the [Due Date]. Payments shall be made via [Payment Method]. Late payments may incur a fee of [Late Fee Amount].
The Tenant must pay a non-refundable option fee of [Amount] upon execution of this agreement, which will be credited towards the purchase price if the option is exercised.
The Tenant agrees to maintain the property in good repair and to notify the Owner of any necessary maintenance or repairs.
The Tenant must provide at least [Notice Period] written notice to the Owner to exercise the option to purchase.
This agreement shall be interpreted according to the laws of [Jurisdiction].
[Signature of the Property Owner]
[Name of the Property Owner]
[Signature of the Tenant]
[Name of the Tenant]
Form
Please complete the form below to create the Lease Option Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Lease Option Agreement Template 1. Lessor Information 2. Lessee Information 3. Property Details 4. Lease Term 5. Option Period 6. Rent Payment Terms 7. Option Consideration 8. Purchase Price 9. Maintenance Responsibilities 10. Default and Remedies 11. Disclosures and Additional Terms 12. Signatures and Acceptance 13. Declaration and Signatures
PDF
WORD
Lease Option Agreement Template Printable | Editable FormPrintable
