Here's the lease to purchase option agreement that I use, go ahead and swipe this for free. If you're like me, I just hate it when someone makes you jump hoops to get the information you need right away.
NOTE: >>> This is simply an image, there is a link below to download and use this lease option to purchase agreement for free below.
As I am thinking about what you might need to know about using this agreement, there are two important details to grasp here:
By not combining the two you will save yourself some legal headaches.
For the lease agreement, I just use one from the local Realtor. It's through, and covers most of the basic items you'll want to include. Be certain that your lease agreement is assignable. A lease that is assignable can be initially leased to you, and then you can assign the lease to a new tenant.
This lease to purchase option agreement is a PDF, so you can download and print off as many copies as you need. Best to have extra on hand, especially when you're filling them out in ink. Remember to make extra copies of your separate lease agreement, too.
Speaking of ink, if you use blue ink to fill out the option agreement (and this goes for all your contracts), there will be no doubt which copy is the original. I just like to head off any unknown uncertainties that may come up down the road.
After it's all filled out and complete, I use a free phone app, tinyscanner, to scan the agreement and email it right then and there to the prospective buyer. Saves running to a copy store.
FYI: Tiny Scanner is a pdf document scanner app that turns your mobile into a portable scanner. Scans are saved to your device as images or PDFs. Name and organize your scans into folders, or share them through email and more.
I use the free version, and it's been a workhorse for me for years now.
Use the link below, no strings attached, to download your copy of the agreement. The link will open in a new window, so you won't lose your place here.