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Alberta Residential Lease with Option to Purchase
Alberta landlords, give your tenant an option to buy their rental premises with this Residential Lease Agreement with Option to Purchase.
- The lease portion is a standard form residential lease, which includes a Premises Inspection Report and a set of Lease Rules and Regulations.
- Option Payments. The tenant can make option money payments (of a stated minimum amount) at any time during the term of the lease, which will be deducted from the purchase price.
- Exercise. The tenant can exercise the option to purchase at any time during the term, but the option can only be exercised if all rent payments are up to date and the lease is in good standing.
- Refund. The agreement provides for a refund of all option payments if the tenant decides not to exercise the option. If the tenant defaults under the lease or fails to complete the sale, the landlord retains a percentage of all moneys paid as liquidated damages.
- This legal contract is available as a downloadable and fully editable Microsoft Word form.
- Intended for use in the Province of Alberta, Canada.
$29.99
Florida Residential Lease with Option to Purchase
Florida landlords, give your tenant an option to buy their rental premises with this Residential Lease Agreement with Option to Purchase Agreement.
- The lease portion is a standard form residential lease.
- Under the terms of the option to purchase, your tenant can lease the property for a certain length of time and then use a percentage of the rent paid under the lease as a down payment to buy the property at the end of the lease term.
- The tenant can only exercise the option if all rent payments are up to date and the lease is in good standing.
$29.99
Hawaii Residential Lease with Option to Purchase
Hawaii landlords, grant your tenant an option to purchase their rental property with this Residential Lease with an Option to Purchase.
- The lease portion of the Agreement contains the standard provisions governing the rental of the property, payment of rent and security deposit, landlord's and tenant's obligations, etc.
- A portion of the montly rent will be applied towards the purchase price, after a specified number of months in the lease term have been completed.
- Fair market value of the property will be mutually determined by the parties.
- The purchase option is null and void if the tenant breaches the lease.
- The tenant may exercise the option before the exercise date if he/she has the funds to complete the purchase.
$29.99