A lease with option to purchase form gives the tenant the right to buy the rental property within the term of the lease. The tenant is able to get credit towards the purchase price of the property every time rental payment is made on time. Here is a sample.
Sample lease with option to Purchase Form
This agreement is dated ________________________ between ___________________ the Landlord(s) and ______________________________ the tenant(s).
The Landlord(s) is the fee owner of property situated in _______________ County ____
______________ street address.
The option to purchase period begins on _______________________________ and expires at 11:59 PM on ______________________________________________
Tenant shall pay the Landlord a non-refundable fee of __________________________ as consideration for purchase option.
The total purchase price is ____________________________________. Subject to timely execution of this option, proper execution of the Lease agreement Landlord shall credit sum of ___________________________________ from each monthly lease payment made timely.
___________________________________ __________________________________
Landlord Date Tenant Date
“; O -ap hl t-family:”Times New Roman”;mso-bidi-font-family:”Times New Roman”; color:black’>Address: ________________________________________________________________
Tel no.: _________________________________________________________________
Mobile no.: ______________________________________________________________
Email Address: ___________________________________________________________
Type of property:
________________________________________________________________________
Description of property:
________________________________________________________________________
Duration tenant has rented out property:
________________________________________________________________________
Amount charged as monthly rent:
________________________________________________________________________
Estimated sale price of property:
________________________________________________________________________
Proposed bid price of property by tenant or buyer:
________________________________________________________________________
Payment mode:
________________________________________________________________________
Witnessed by: ____________________________________________________________
Date: ___________________________________________________________________
