• US Legal Forms

Arkansas Aviso al arrendador sobre el ejercicio de la opción de compra - Arkansas Notice to Lessor Exercising Option to Purchase

State:
Arkansas
Control #:
AR-812LT
Format:
Word
Instant download

Description

Legal notice to Lessor of exercise of option to purchase by Tenant. This is a notice to the Landlord of Tenant's right to purchase the real estate as agreed to in the initial contract. This letter acts as a legal notice and complies with state statutory laws.

An option is a contract to purchase the right for a certain time, by election, to purchase property at a stated price. An option may be a right to purchase property or require another to perform upon agreed-upon terms. By purchasing an option, a person is paying for the opportunity to elect or "exercise" the right for the property to be purchased or the performance of the other party to be required. "Exercise" of an option normally requires notice and payment of the contract price. The option will state when it must be exercised, and if not exercised within that time, it expires. If the option is not exercised, the amount paid for the option is not refundable. Sometimes an option is the right to renew a contract, such as a lease or some other existing business relationship. A "lease-option" contract provides for a lease of property with the right to purchase the property during or upon expiration of the lease.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

How to fill out Arkansas Aviso Al Arrendador Sobre El Ejercicio De La Opción De Compra?

Making use of Arkansas Notice to Lessor Exercising Option to Purchase templates made by professional lawyers enables you to avoid headaches when submitting documents. Just download the form from our website, fill it out, and request a legal professional to double-check it. Doing so, can help you save significantly more time and costs than looking for a legal professional to prepare a file from the beginning for you would.

If you have a US Legal Forms subscription, just log in to your account and go back to the form page. Find the Download button near the templates you are looking over. Right after downloading a template, you will find all your saved examples in the My Forms tab.

If you have no subscription, that's not a problem. Just follow the steps below to sign up for your account online, get, and complete your Arkansas Notice to Lessor Exercising Option to Purchase template:

  1. Double-check and make certain that you are downloading the proper state-specific form.
  2. Make use of the Preview feature and look at the description (if available) to know if you need this particular example and if you do, simply click Buy Now.
  3. Find another file using the Search field if necessary.
  4. Select a subscription that fits your needs.
  5. Get started using your credit card or PayPal.
  6. Choose a file format and download your document.

Right after you have done all of the actions above, you'll have the capacity to complete, create a hard copy, and sign the Arkansas Notice to Lessor Exercising Option to Purchase template. Don't forget to check twice all inserted info for correctness before submitting it or sending it out. Reduce the time you spend on creating documents with US Legal Forms!

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

Arkansas Aviso al arrendador sobre el ejercicio de la opción de compra