Starting you on the path to property ownership by indicating your intent to buy a property.

Can be used to inform your landlord that you wish to purchase the property you are occupying as a tenant, if this right is laid out in your rental agreement.

Many rental agreements for residential or commercial property include a purchase option clause that gives the renter the right to buy the property at a later date. It will often also specify the price to be paid for purchase if you wish to exercise the option, and the amount needed as a deposit.

This one-page form gives you the paperwork you need to set the process in motion by informing your landlord that you wish to exercise your purchase option.

ONE-PAGE FORM ALLOWS YOU TO SPECIFY:

• your name and landlord’s name
• date of original lease
• the property you wish to purchase
• the purchase amount laid out in the rental agreement
• the amount enclosed as a deposit

Contents reviewed and approved by attorneys or industry experts