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

1. Click ‘Get Form’ to open the Option to Purchase Addendum in the editor.
2. Begin by filling in the names of both parties in the designated fields for 'Lessor' and 'Lessee'. Ensure accuracy as these names will be used throughout the document.
3. In the 'Grant of Lease' section, enter the address of the leased property. This should match what is stated in your Residential Lease Agreement.
4. For the 'Option to Purchase', specify the date after which Lessee can exercise their option and fill in the purchase price. Make sure this aligns with any prior agreements.
5. Complete the notice period required for exercising the option by entering a number of days in the provided field.
6. Review sections on assignment and transfer rights, ensuring you understand that Lessee cannot transfer this option without Lessor's consent.
7. Finally, sign and date at the bottom of the document where indicated for both Lessor and Lessee.

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