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    Notice of Tenant's Intention to Exercise Purchase Option

    Free

    Tenants, exercise an option to purchase your rental property with this free Notice of Intention to Exercise Purchase Option form.

    • If your lease contains a provision granting you an option to purchase the property, there will be a clause describing how you need to notify your landlord that you want to exercise the option.
    • This form is generic and can be used anywhere.
    • You can download the customizable MS Word template, or copy and paste the text below.



    NOTICE OF INTENTION TO EXERCISE PURCHASE OPTION

    Date: ____________________________, 20_____

    TO: _______________________________________ (name of landlord)
    ______________________________________________________________________________ (address of landlord)

    Notice is hereby provided that the undersigned as Lessee under that certain lease (the “Lease”) dated _____________________, 20_______ does hereby exercise the purchase option granted under the Lease to purchase the property described as:

    (give the address of the rental property, or if it's a rural property, give the legal description)

    for the option price of $___________________.

    As provided in the Lease, enclosed herewith is a (check / money order) in the amount of $___________ to be applied as a deposit toward the purchase option.



    ___________________________________________
    (Signature of Lessee)
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 4353