Lease with option to purchase contract example: Fill out & sign online

Here's how it works

01. Edit your option to purchase property online

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to quickly redact Option to Purchase Property - Alabama online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the greatest editor for changing your forms online. Follow this simple instruction to redact Option to Purchase Property - Alabama in PDF format online for free:

Register and sign in. Create a free account, set a secure password, and proceed with email verification to start managing your templates.
Add a document. Click on New Document and choose the form importing option: add Option to Purchase Property - Alabama from your device, the cloud, or a secure link.
Make changes to the sample. Utilize the upper and left-side panel tools to modify Option to Purchase Property - Alabama. Insert and customize text, pictures, and fillable areas, whiteout unneeded details, highlight the important ones, and comment on your updates.
Get your paperwork done. Send the form to other individuals via email, create a link for quicker file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Try all the advantages of our editor right now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

What are the tenants rights in Alabama?

Tenants have the right to suitable housing and the right to pursue some forms of alternative action. Alabama landlords have the right to collect rent in a timely manner and the right to pursue formal eviction in the case of a lease violation. Note: These rights exist regardless of a rental agreement stating otherwise.

Why might an investor offer an option to purchase a property?

Another party that often uses option to buy contracts are real estate investors who may want to hold property they expect will appreciate more in the future. By doing this, they are able to lock into the lower current price and take advantage of the higher value in the future if the property does appreciate in value.

How much is an option on a property?

An option fee is a small percentage of the total cost of a home, rarely exceeding $500. In fact, some modestly priced homes only include option fees of $100. The purpose of an option fee is to give a prospective buyer the time to arrange safety and code inspections of the property he or she intends to buy.

What is an option to purchase land?

An option agreement is where a prospective buyer enters into an agreement with a landowner for the right to buy their land/property, often paying the landowner a sum of money as an option fee. The prospective buyer then has the option (within a period defined within the agreement) to buy the land/property.

What is a purchase option?

A purchase option assures the option holder of the right to purchase property at a certain price within a certain time period but without an obligation to do so. In granting an option, the landowner gives up the right to sell freely during the option period.

Related forms

be ready to get more