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Option With Right of First Refusal
OPTION AND RIGHT OF FIRST REFUSAL FOR TENANT (FOR USE WITH A PURCHASE AND SALE AGREEMENT)
 
This Option and First Refusal template is designed for granting tenants the option to purchase the leased property.
 
To have a better understanding of this deal structure and how to use this document please read this article https://www.creativerealestatelaw.com/articles/leaseoptions.
 
You will need to complete this document with the information pertinent to your transaction. Items in RED need to be modified for your transaction, and instructional language deleted. This document does not contain a purchase and sale agreement that will need to be attached as an Exhibit. You can use your own, or purchase one from this site tailored with language to coordinate with this Option and Right of First Refusal. If you have questions about this document or deal structure, please book a consultation. 
 
This site and all products are for educational use only. This page, its contents, and any documents do not constitute legal advice. Purchasing this document does not create an attorney-client relationship. 

Option With Right of First Refusal

$475.00Price

    Client Testimonials 
     

    Carly helped me navigate a second position loan to a new borrower. I felt confident that I was protected. I will be using her for all of my lending needs going forward. 

    As an agent, Carly helped my client understand their private lender documentation. My client was better prepared to manage their renovation based on the loan expenses that were not clear to them before. I highly recommend  reaching out to her to help you better represent your clients in the renovation space. 

    Carly  was able to draft an option and purchase agreement for me on a property that I couldn't get to work as an upfront buy. This strategy saved the deal. If you need a pair of eyes on your  off-market deal, and advice on how to navigate, don't hesitate. 

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