District of Columbia Option to Purchase Addendum to Residential Lease - Lease or Rent to Own
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Description
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.
Please note: This Addendum form is NOT a lease agreement. You will need a separate Residential Lease Agreement. The Addendum would be attached to that Agreement
- View District of Columbia Notice to Lessor Exercising Option to Purchase
- View District of Columbia Letter from Tenant to Landlord containing Notice of termination for landlord's noncompliance with possibility to cure
- View District of Columbia Notice of Default in Payment of Rent as Warning Prior to Demand to Pay or Terminate for Residential Property
- View District of Columbia Tenant Welcome Letter
- View District of Columbia Tenant Consent to Background and Reference Check
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