-1- OPTION TO PURCHASE ADDENDUM TO RESIDENTIAL LEASE bb 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the names of the Lessor and Lessee in the designated fields at the top of the document. Ensure accuracy as these names will be referenced throughout the agreement.
3. In the 'Grant of Lease' section, fill in the address of the leased property along with the date when the Residential Lease Agreement was signed.
4. Next, navigate to the 'Option to Purchase' section. Specify the date after which Lessee can exercise their option to purchase and enter the purchase price. Also, indicate how many days notice must be given to Lessor before exercising this option.
5. Complete any additional sections regarding assignment or transfer rights, heirs and assigns, and ensure that all parties understand that this document represents the entire agreement.
6. Finally, have both Lessor and Lessee sign and date at the bottom of the form. This finalizes your agreement.

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