Real Estate Purchase Option Agreement Template

Present your real estate purchase and sales agreement template in style with this editable template available across word pages and google doc formats.

Real estate purchase option agreement template. The sample option to purchase form that we have below is a pure option agreement. The residential lease with an option to purchase agreement gives a tenant the right to purchase the property in accordance with the terms set in the agreement the form must be written in accordance with all state landlord tenant lease laws in addition to following the state s real estate commission s rules which typically require certain disclosures forms to be attached. In the event that purchaser exercises the option to purchase this property within the initial option period or any extension thereof and is not in default in any other terms of this agreement said option money shall apply toward the. Upon the signing of the sale and purchase contract. Upon execution of this option purchaser has paid unto seller the sum of as option money.

You might also know of the purchase agreement as a residential real estate agreement or a real estate purchase contract. When this type of contract is used in a residential contract it is often considered a rent to own agreement or a lease option in real estate terms. Real estate agent agreement template in the real estate agent agreement a person the vendor entrusts to another person the. The sample real estate purchase agreement below details an agreement between the seller william j sheetz and the buyer georgia k szymanski through the terms described william j sheetz agrees to the transfer of real property to georgia k szymanski. Broadly a real estate option is a specially designed contract provision between a buyer and a seller.

A real estate purchase agreement template is a convenient resource for use when making the legal purchase of a property. Another title for this important legal document includes the agreement to purchase real estate. The user must insert one of the options suggested. If you want a real estate option contract that allows you to rent the property as well click here for our rent to own contract. Contract for purchase sale of real property.

The balanced grey white outlook of this document with free standard google fonts is enough to win the approval of your prospects not just the accolades. In the event that the purchaser exercises its exclusive option as provided for in the preceding paragraph seller agrees to sell and purchaser agrees to buy the premises and both parties agree to execute a contract for such purchase and sale of the. In a straight option to buy contract the ability to purchase is available for a certain period of time at the agreed upon price. Make sure this form complies with your local real estate laws before using it. The seller offers the buyer the option to buy a property by a specified period of time at a.

If you have any doubts you can ask a real estate. Real estate purchase agreement 3.