Lease Option Memo – Terms Real Estate

LEASE OPTION AGREEMENT MEMO

This form allows us to aid you in selling your home using a lease option. Download the form, fill it out and e-mail it to us! Or you can fill out the live version below! If you plan to sell your home using a lease option without any additional guidance from any person or entity, this form is useless for you. It’s only for those who need guidance.

LEASE OPTION AGREEMENT MEMO

Please fill out this application completely and sign at the bottom.

Seller *

First

Last

Will Allow “Buyer”

First

Last

to lease option the property at: (Address) *

Address Line 1

City

State

Zip Code

Purchase price to be: $ *

Term of Lease Option to be: *

Monthly Lease Payment to be: $ *

Terms Agreement *

I hereby acknowledge that I have read, understand and agree to the terms of this Lease Option Agreement Memo *

This Lease Option Agreement Memo will be assigned by Buyer to a new Lease Option Tenant.

Seller has the right to approve or reject new Lease Option Tenant. Seller may not solicit a Lease Option Tenant brought forth by the buyer.

Seller may use the Buyer’s Lease Option Agreement forms or may use a form that Seller chooses when Tenant Buyer moves in.

SELLER MAY CANCEL THIS AGREEMENT AT ANY TIME. They may find their own tenant, decide to sell conventionally or decide not to sell. Buyer’s intention is to find a Lease Option Tenant and assign this Lease Option Agreement Memo to that Lease Option Tenant for a fee. Lease Option Tenant will then pay Seller the monthly lease amount until they exercise their option or until they end the option term.

Seller agrees to allow Buyer to put a sign in the yard, advertising the property for sale. If Buyer does not acquire a Lease Option Tenant to assign this deal to within 90 days of acceptance of this Lease Option Agreement Memo, this memo becomes null and void.

IMPORTANT DISCLOSURE: BUYER IS THE PRINCIPLE IN THIS TRANSACTION AND IS NOT A LICENSED REAL ESTATE AGENT. BUYER DOES NOT REPRESENT ANYONE IN THIS TRANSACTION BUT THEMSELVES.

Signatures below signify acceptance of this agreement.

SELLER SIGNATURE: *

Make A Signature Here...

Seller Signature Date: *

SELLER NAME PRINTED: *

Make A Signature Here...

Seller Signature Date: *

BUYER SIGNATURE: *

Make A Signature Here...

Buyer Signature Date: *

BUYER NAME PRINTED : *

Make A Signature Here...

Buyer Signature Date: *

LEASE OPTION AGREEMENT MEMO

LEASE OPTION AGREEMENT MEMO

Signatures below signify acceptance of this agreement.

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