Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Arizona 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. Make sure this matches your existing lease details.
4. Next, navigate to the 'Option to Purchase' section. Enter the date after which Lessee can exercise their purchase option and specify the purchase price clearly.
5. Indicate how many days notice Lessee must provide before exercising their option. This is crucial for ensuring compliance with terms.
6. Review and complete sections regarding assignment or transfer rights, heirs and assigns, and ensure all parties understand these terms.
7. Finally, have both Lessor and Lessee sign and date the document at the bottom. Use our platform’s signature feature for a seamless signing experience.

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