Free rent to own contract 13Free rent to own contract 13Free rent to own contract 13
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LEASE TO PURCHASE OPTION AGREEMENT
This agreement dated the
day of
between
(herein after referred to as “Seller/Landlord”) and

,

, is by and
(herein after

referred to as “Buyer/Tenant).
For good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, Seller/Landlord hereby grants to Buyer/Tenant an exclusive option to
purchase the real property described as follows:
(herein after referred to as the “Property”) strictly according to the terms and conditions
contained herein (herein after referred to as the “Option to Purchase Agreement”), which
real property is the subject of that certain Residential Lease Agreement by and between
Seller/Landlord and Buyer/Tenant, of even date herewith (herein after the “Lease
Agreement”).
1.

TERM OF OPTION. This option to purchase shall commence on the
day
of
,
and shall expire at 12 o'clock midnight on the
day of
,
.

2.

EXCLUSIVITY OF OPTION. This option to purchase is exclusive and nonassignable. Any attempted a