State-Specific Legal Forms Landlords Trust
Contact Us
Search Forms Library

Lease Option Agreement / Lease Purchase Option

Use the Lease Purchase Option to set forth all of the details of the transaction, including rent credits, purchase price, and time frame.

Trusted by over 2.3 million landlords

Get Started In Just

3 Steps
Step 1 - Personalize Your Lease

Edit if Desired

Step 2 - Choose Free or Pro

Lease Info Auto-Filled In

Step 3 - Save, Print, or Email!

Save, Print, or Email

Lease Option Agreement / Lease Purchase Option

Last Modified 10/17/2016

(last edited 10/17/2016)
Some renters have dreams of someday becoming owners. Landlords have the power to help renters turn those dreams into reality if they so choose by giving the renters the option to purchase the property they are currently renting, or one of landlord’s other properties (if applicable). That option to purchase is often referred to as a .Lease-Option, which is often a win-win situation which offers a bevy of great benefits to landlords and renters alike. However, these deals are a bit more complex than the standard rental agreement. Because the transfer of the property’s ownership is at stake, it’s crucial that both parties understand and see eye to eye on every detail. With this strictly worded lease-option addendum, designed to be attached to a residential lease, you can ensure a smoother transaction and minimize the risk of miscommunications.

This very convenient ezLandlordForms’ “Lease Option Agreement” allows the landlord to give the tenant who is renting the premises the option to buy at the end of the lease term, or upon some other agreed upon date. The form sets out all of the terms of the purchase agreement including the price.

This Lease Option Agreement form is an ezLandlordForms editable form that will allow you to include your own custom text. This will give the landlord or owner the option to include terms to the Purchase Option Agreement that were not already included. A landlord would use this form if they would like to give the tenant the option to buy the property at any point during the tenancy..

If the landlord would like to offer the tenant the option to rent-to-own this is the form to use! When creating an ezLandlordForms Rental Agreement, the last step (Step 7) will give the landlord the option to include a Purchase Option Agreement form.

Why ezLandLordForms?

#1 Rated Lease Agreement

No Recurring Billing

No Recurring Billing

No automatic charges or monthly billing

State Assist

State Assist

So you know you're complying with state laws

Full Support

Full Support

Phone, live chat, or email... try us now!

Unlimited Access

Unlimited Access

Edit & print any of our forms with pro access

100 Percent Satisfaciton Guaranteed

Trusted by over 2.3 million landlords & property managers since 2006!

Contact US - Live Assistance Avialable
Contact Us! Live Assistance Available
Call us with questions or comments
1-877-367-6771 Call us with questions or comments
Fox Business Logo CBS Radio Logo msnbc Logo The Wall Street Journal - WSJ - Logo CNN Money Logo
Carbon Free - Click to verify BBB accreditation and to see a BBB report. website security
ez Landlord Forms products and services are reviewed and approved by attorneys, accountants, fellow landlords, or industry experts.
ez Landlord Forms is not a law firm and our products and services are not a substitute for the advice of an attorney.
Copyright © 2006-2016, ezLandlordForms LLC. All Rights Reserved. | Privacy Policy | Terms & Conditions | ezLandlordForms Affiliate Program