contracts - DOCX / PDF
Lease Option Agreement
Lease Option Agreement template defining terms and obligations for all parties
Lease Option Agreement
Party 1 (Name / Company)
Party 1 Address
Party 2 (Name / Company)
Party 2 Address
Effective Date
Property description and address
Lease term and monthly rent
Option fee (non-refundable
credited to purchase)
Option period (typically 1-3 years)
Purchase price (fixed or formula)
Rent credit toward purchase
Maintenance responsibility during lease
Insurance requirements
Tenant improvements allowed
Duration / End Date
Signature
Signature
A comprehensive lease option agreement defining rights and obligations.
Key Sections
- Property description and address
- Lease term and monthly rent
- Option fee (non-refundable
- credited to purchase)
- Option period (typically 1-3 years)
- Purchase price (fixed or formula)
- Rent credit toward purchase
- Maintenance responsibility during lease
- Insurance requirements
- Tenant improvements allowed
- Exercise of option notice requirements
- Consequences of non-exercise
Review with legal counsel before use.
Customize in PDFb2.
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