Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Washington 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the names of the Lessor and Lessee at the top of the form. Ensure that both parties' full legal names are accurately entered.
3. In the 'Grant of Lease' section, specify the address of the leased property as described in your Residential Lease Agreement. Include all relevant details such as street address, city, and zip code.
4. For the 'Option to Purchase' section, indicate the date after which Lessee can exercise their option to purchase and enter the purchase price. Be sure to clarify any notice period required for exercising this option.
5. Review the 'Assignment or Transfer' clause carefully. Ensure you understand that Lessee cannot transfer this option without Lessor's consent.
6. Complete any additional fields regarding heirs and assigns, ensuring clarity on who is bound by this agreement.
7. Finally, have both parties sign and date at the bottom of the document. This finalizes your agreement.

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