We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Read more
Accept

District of Columbia Notice of Intention to Exercise Option

Category:
Landlord Tenant - Commercial Leases - Notices and Letters
State:
Multi-State
Control #:
US-OL24016
Format:
Word; 
PDF
Instant download
Buy now

Description

This office lease form states that the tenant shall exercise its option to renew this lease upon written notice given to the landlord no less than eighteen (18) months before the end of the lease term.

The District of Columbia Notice of Intention to Exercise Option is an important legal document that grants an individual or entity the right to exercise a specific option within the District of Columbia jurisdiction. This notice serves as a formal declaration of intent and outlines the terms and conditions under which the option will be exercised. The notice includes relevant details such as the name of the individual or entity exercising the option, their contact information, and their intentions regarding the option. It may specify the type of option being exercised, whether it be a lease renewal, purchase option, or any other contractual agreement. Different types of District of Columbia Notice of Intention to Exercise Options can include: 1. Lease renewal option: This type of option allows a tenant to extend the lease on a property located within the District of Columbia. The notice specifies the terms and conditions of the renewal, such as the duration of the extended lease and any rent adjustments. 2. Purchase option: In this case, the notice grants the individual or entity the right to exercise a purchase option on a property within the District of Columbia. The notice typically includes details regarding the purchase price, financing arrangements, and other pertinent terms. 3. Right of first refusal: This type of option provides the holder with the opportunity to purchase a property before it is offered to others. The notice outlines the terms under which the option can be exercised, including the timeframe within which the holder must respond. It is crucial to ensure that the District of Columbia Notice of Intention to Exercise Option complies with the specific requirements and regulations of the District of Columbia jurisdiction. Consulting with an attorney or legal expert familiar with D.C. real estate laws is strongly advised to ensure accuracy and compliance with all legal requirements.

Related forms

form-preview
Michigan Sample Letter for Cardholder's Report of Lost Credit Card

Michigan Sample Letter for Cardholder's Report of Lost Credit Card

View this form
form-preview
Minnesota Sample Letter for Cardholder's Report of Lost Credit Card

Minnesota Sample Letter for Cardholder's Report of Lost Credit Card

View this form
form-preview
Mississippi Sample Letter for Cardholder's Report of Lost Credit Card

Mississippi Sample Letter for Cardholder's Report of Lost Credit Card

View this form
form-preview
Missouri Sample Letter for Cardholder's Report of Lost Credit Card

Missouri Sample Letter for Cardholder's Report of Lost Credit Card

View this form
form-preview
Montana Sample Letter for Cardholder's Report of Lost Credit Card

Montana Sample Letter for Cardholder's Report of Lost Credit Card

View this form

Viewed forms

form-preview
Affidavit of Character Reference in Connec...

Affidavit of Character Reference in Connection with Gun or Pistol License Investigation of Applicant

View this form
form-preview
Unanimous Written Action of Shareholders o...

Unanimous Written Action of Shareholders of Corporation Removing Director

View this form
form-preview
Medical Request for Workers' Compensation

Medical Request for Workers' Compensation

View this form
form-preview
Self-Employed Pool Cleaner Services Contract

Self-Employed Pool Cleaner Services Contract

View this form

How to fill out District Of Columbia Notice Of Intention To Exercise Option?

It is possible to invest hrs on the Internet searching for the authorized record format that meets the state and federal demands you need. US Legal Forms supplies a large number of authorized forms that happen to be examined by experts. You can actually acquire or print the District of Columbia Notice of Intention to Exercise Option from the service.

If you currently have a US Legal Forms account, you can log in and then click the Acquire key. Next, you can complete, edit, print, or indicator the District of Columbia Notice of Intention to Exercise Option. Every single authorized record format you buy is your own permanently. To obtain an additional version of the acquired develop, go to the My Forms tab and then click the related key.

If you are using the US Legal Forms web site for the first time, keep to the simple guidelines below:

  • Very first, ensure that you have selected the right record format to the region/city of your choosing. See the develop outline to ensure you have selected the correct develop. If accessible, take advantage of the Preview key to look from the record format at the same time.
  • If you wish to discover an additional variation from the develop, take advantage of the Look for field to discover the format that meets your needs and demands.
  • Once you have located the format you desire, click Purchase now to proceed.
  • Pick the pricing strategy you desire, type your qualifications, and register for a merchant account on US Legal Forms.
  • Complete the purchase. You may use your Visa or Mastercard or PayPal account to fund the authorized develop.
  • Pick the format from the record and acquire it to the gadget.
  • Make alterations to the record if needed. It is possible to complete, edit and indicator and print District of Columbia Notice of Intention to Exercise Option.

Acquire and print a large number of record layouts using the US Legal Forms website, that provides the biggest selection of authorized forms. Use skilled and state-particular layouts to deal with your business or person requires.

Form popularity

FAQ

17.207 Exercise of options. (a) When exercising an option, the contracting officer shall provide writ- ten notice to the contractor within the time period specified in the contract.

The result can be financially painful. Does the contractor have any recourse? Generally speaking, the disappointed contractor is out of luck. The Government has a broad right to decide within its own discretion whether to exercise a contract option.

In options trading, "to exercise" means to put into effect the right to buy or sell the underlying security that is specified in the options contract. To exercise an option, you simply advise your broker that you wish to exercise the option in your contract.

For an option holder to ensure that they exercise the option on that particular day, the holder must notify his brokerage firm before that day's cut-off time for accepting exercise instructions. The brokerage firm notifies OCC that an option holder wishes to exercise an option.

If a trader owns an option that still has time left on it, they may consider selling the option or waiting to exercise it. Often it is more profitable to sell the option than to exercise it if it still has time value. If an option is in the money and close to expiring, it may be a good idea to exercise it.

When the Government holds an option, it may employ whatever lawful criteria it chooses when deciding whether to exercise the option. Id. Even satisfactory performance by a contractor does not impair the Government's right to refuse to exercise an option.

(b) The contracting officer may exercise options only after determining, in writing, that all the following conditions exist: (1) Funds are available. (2) The requirement covered by the option fulfills an existing Government need.

Interesting Questions

More info

Oct 1, 2019 — I certify that the. Sole Source Notice of Intent to Exercise Option Year One (“OY1”) was published in accordance with Section 404(c) of the ... Adhere to the instructions below to fill out Notice of Intention to Exercise Option online quickly and easily: Log in to your account. Sign up with your email ...Mar 29, 2013 — Write a supplemental agreement holding the second option (which is ... Why not give notice of intent to exercise the second option at least ... Nov 30, 2011 — So the intent to exercise letter tells the vendor that you intend to order all possible BPA services and the quantities? No proposal needed ... Jul 29, 2022 — FAR 17.207(a) requires the contracting officer to provide written notice within the time period specified in the contract. For a complete list ... ... in which an intention to file a motion for a preliminary injunction is expressed, upon notification by the judge or the Chief Judge to the. Committee that the ... (b) A resolution covered by this section may, at the option of the committee ... Except as provided in these Rules, a Councilmember shall file a notice of intent. (B) A Notice of Intent to File Petition shall be delivered by registered or certified mail, return receipt requested, by commercial overnight delivery service ... This preliminary notice does not constitute an exercise of the option. The exercise of the option will be accomplished by modification to the contract. This letter serves as notification of the State Board of Elections' Intent to exercise the last option period renewal to MDVOTERS II DC CATS II TORFP.

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

District of Columbia Notice of Intention to Exercise Option
Buy now