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

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering 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, fill in the address of the leased property. This should match what is stated in your Residential Lease Agreement.
4. Next, navigate to the 'Option to Purchase' section. Specify the date after which Lessee can exercise their purchase option and enter the purchase price clearly.
5. Indicate how many days notice Lessee must provide Lessor before exercising their option. This ensures clarity on timelines for both parties.
6. Review and complete any additional sections regarding assignment or transfer rights, ensuring all terms are understood and agreed upon.
7. Finally, ensure that both parties sign and date at the bottom of the document. This finalizes your agreement.

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