Option to Lease Agreement Template

This option to lease agreement template has 2 pages and is a MS Word file type listed under our real estate documents.

Sample of our option to lease agreement template:

OPTION TO LEASE AGREEMENT This Option to Lease Agreement (the "Agreement") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Landlord"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [TENANT NAME] (the "Tenant"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] IN CONSIDERATION OF the sum of [AMOUNT] paid by the tenant to the landlord, the receipt whereof is hereby acknowledged, the landlord hereby grants to the tenant, its successors, and assigns, the exclusive option to lease the above mentioned property as per the attached Lease, upon the following terms and conditions: TERM OF OPTION This option and all rights and privileges hereunder shall expire the day of [DATE]. NOTICE OF EXERCISE OF OPTION