Free Example of a Lease to Purchase Option Agreement

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.

I like that this lease option to purchase is so simple, yet tested and used over and over by many of my colleagues. Note that this is simply a picture of the document, download your free copy below.

Play by the book and lease to purchase option responsibly, for all parties

As I am thinking about what you might need to know about using this agreement, there are two important details to grasp here:

  1. Use a separate agreement for your lease agreement. 
  2. Keep the Option to Purchase agreement separate from your lease agreement.

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. 

Useful Info to use the Lease Option to Purchase Agreement

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.

And here's your free copy to use:

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.

Here's the link to download your free lease to purchase option agreement PDF

Learn more about lease options and how to make money using them with these articles:

An overview of the lease option method of making money with real estate

Customary lease to own option fees

How to correctly use lease options to buy houses

Free example to print off - Lease to Purchase Option Agreement

How lease option real estate investing can work into your investing goals

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