Common Contracts
1 similar null contracts
Lease with option to buy agreement template. Lease with option to buy contract template. Lease agreement with option to buy south africa template.June 4th, 2023
[State]WHEREAS [Landlord.CompanyName or Landlord.FirstName Landlord.LastName] (“Landlord”) is the owner of landed property situated at [Location Address], [State] (“Property”).WHEREAS the Landlord has pursuant to a lease agreement dated [Date] leased the Property (“Lease Agreement”) to [Tenant.CompanyName or Tenant.FirstName Tenant.LastName] (“Tenant”).WHEREAS the Landlord desires to grant to the Tenant an option to purchase the Property at the end of the lease period under the Lease Agreement (“Option”) and the Tenant desires to receive such Option and the parties enter in this Agreement to set out the terms of the Option and all matters related to it (“Agreement”).IN CONSIDERATION of the mutual covenants and promises, the Landlord and the Tenant (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows:1. Lease Agreement The salient points of the Lease Agreement are summarized as follows: Monthly Rental : [$Rent] per month payable in advance (“Rent”
