Alabama Option to Purchase Package

State:
Alabama
Control #:
AL-P069-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Option to Purchase Package, you will find the forms that are necessary to exercise a right to purchase property or require another to perform upon agreed-upon terms. In an option agreement, a party purchases the right for a certain time, by election, to purchase property at a stated price.

Included in your package are the following forms:

  1. Option to Purchase Addendum to Residential Lease
  2. Residential Lease Agreement
  3. Option For the Sale and Purchase of Real Estate - Residential Lot or Land
  4. Option For the Sale and Purchase of Real Estate - Residential Home
  5. Option For the Sale and Purchase of Real Estate - Commercial Lot or Land
  6. Option For the Sale and Purchase of Real Estate - Commercial Building
  7. Option For the Sale and Purchase of Real Estate - Farm Land
  8. Option For the Sale and Purchase of Real Estate - General Form

Detailed information on forms included:

  1. Option to Purchase Addendum to Residential Lease - This Option to Purchase Addendum to Residential and Lease Agreement is entered into by and between the lessor and the lessee. The lessor agrees not to offer the residence for sale to anyone during the term of the lease, and to give the lessee (tenant) the option to purchase the residence at any time prior to the expiration of the lease, provided the lessee gives notice of intent to purchase in accordance with the provisions of the Addendum. At that point, a separate contract of sale will be executed and the sale will proceed as any sale would.
  2. Residential Lease Agreement and Option to Purchase - This Residential Lease Agreement and Option to Purchase is entered into by and between the lessor and the lessee. This agreement provides that the lessor will rent to the lessee a personal residence located at the address listed in the agreement. The lessee is responsible for paying rent on a monthly basis and the premises must be used as a private dwelling and for no other purpose.
  3. Option For the Sale and Purchase of Real Estate - Residential Lot or Land - This form is for an option to purchase a residential real estate lot or tract of land. It provides for the payment of option money and the procedures for exercise of the option.
  4. Option For the Sale and Purchase of Real Estate - Residential Home - This form is for an option to purchase a residential home. It provides for the payment of option money, sales price, and all terms of the agreement.
  5. Option For the Sale and Purchase of Real Estate - Commercial Lot or Land - This form is for an option to purchase a commercial lot or land. It contains provisions for the payment of option money and other terms of the transaction.
  6. Option For the Sale and Purchase of Real Estate - Commercial Building - This form provides a buyer with an exclusive and irrevocable option to purchase residential real estate, specifically a commercial building.
  7. Option For the Sale and Purchase of Real Estate - Farm Land - This form is for an option to purchase farm land and includes all terms of the transaction.
  8. Option For the Sale and Purchase of Real Estate - General Form - This form is adaptable for general use as an agreement to purchase an option on real estate. Provisions for all relevant details are included to be adapted for use in a particular transaction.
Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Alabama Option To Purchase Package?

Utilizing Alabama Option to Purchase Package samples made by skilled lawyers allows you to prevent headaches when filling out documents. Just save the example from our website, fill it out, and request a lawyer to verify it. Doing so, will save you far more time and costs than requesting a lawyer to make a file completely from scratch for you would.

If you’ve already bought a US Legal Forms subscription, just log in to your account and go back to the sample webpage. Find the Download button near the templates you’re looking over. Soon after downloading a template, you will find all of your saved samples in the My Forms tab.

If you don’t have a subscription, that's not a problem. Just follow the steps below to sign up for your account online, get, and complete your Alabama Option to Purchase Package template:

  1. Double-check and ensure that you’re downloading the correct state-specific form.
  2. Use the Preview feature and look at the description (if available) to know if you need this particular sample and if you do, click Buy Now.
  3. Find another file utilizing the Search field if required.
  4. Select a subscription that meets your requirements.
  5. Get started using your bank card or PayPal.
  6. Select a file format and download your document.

Right after you have done all the actions above, you'll have the ability to complete, print, and sign the Alabama Option to Purchase Package template. Don't forget to double-check all inserted data for correctness before submitting it or mailing it out. Minimize the time spent on completing documents with US Legal Forms!

Trusted and secure by over 3 million people of the world’s leading companies

Alabama Option to Purchase Package