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  • Option Purchase

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    Lovely Green
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    This agreement gives the lessee an option to purchase the leased property from the lessor. It lists the property address and specifies that the option expires on a given date. The lessee must provide written notice of their election to purchase by a certain date. If the option is exercised, the property will be purchased for $ dollars. Upon payment, the lessor will deliver a deed and possession of the property to the lessee free of liens and encumbrances. All other terms of the original lease agreement remain in effect.

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    Option Purchase

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    This agreement gives the lessee an option to purchase the leased property from the lessor. It lists the property address and specifies that the option expires on a given date. The lessee must provide written notice of their election to purchase by a certain date. If the option is exercised, the property will be purchased for $ dollars. Upon payment, the lessor will deliver a deed and possession of the property to the lessee free of liens and encumbrances. All other terms of the original lease agreement remain in effect.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Option Purchase

    Uploaded by

    Lovely Green
    This agreement gives the lessee an option to purchase the leased property from the lessor. It lists the property address and specifies that the option expires on a given date. The lessee must provide written notice of their election to purchase by a certain date. If the option is exercised, the property will be purchased for $ dollars. Upon payment, the lessor will deliver a deed and possession of the property to the lessee free of liens and encumbrances. All other terms of the original lease agreement remain in effect.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Option to Purchase Leased Property

    OPTION TO PURCHASE
    This agreement is entered into between , of
    , , County,
    referred to as "lessor," and , , of
    referred to as "lessee."
    , , County,
    ,
    4.
    5.
    ORIGINAL LEASE AGREEMENT
    All other terms and covenants of the original Lease Agreement shall remain in full force and effect.
    In witness of the above, each party to this agreement has caused it to be executed on the date below.
    Signature of lessor: Date:
    Signature of lessee: Date:
    Signature of lessee: Date:
    This form provided by USLandlord.com
    Lessor agrees to sell to lessee, at their option, the following property owned by lessor, namely:
    , , County,
    , subject to the following terms and conditions:
    1. This option to purchase will expire on .
    2. Notice of election to purchase by lessee shall be in writing and given to lessor by
    .
    3. The price to be paid for the property, if this option is exercised, is $ dollars.
    After payment is made to lessor in full, lessor agrees to execute and deliver to lessee a deed conveying the
    property to lessee, and to deliver possession of property free of all liens and encumbrances.
    Click here to insert image/logo
    Everything U Need to Know...

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