Common use of EXERCISING OPTION Clause in Contracts

EXERCISING OPTION. The Tenant shall hold the right to exercise an option to purchase the Premises under Sections 2 & 3 of this Addendum by sending a notice (via Certified Letter with return receipt) to the Landlord’s address for notices listed in the Agreement.

Appears in 43 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

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EXERCISING OPTION. The Tenant shall hold the right to exercise an option to purchase the Premises under Sections 2 & 3 of this Addendum by sending a notice (via Certified Letter with return receipt) to the Landlord’s address for notices listed in the Agreement. When exercising the option to purchase, the Tenant shall be required to: (check one) ☐ - Pay a Deposit. The Tenant shall be required to pay a deposit in the amount of $[AMOUNT] (the “Deposit”) that shall be credited towards the Purchase Price.

Appears in 23 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

EXERCISING OPTION. The Tenant shall hold will retain the right to exercise an option to purchase the Premises under Sections 2 & 3 the previous two sections of this Addendum by sending a notice (to the Landlord, via Certified Letter with return receipt) , by sending to the Landlord’s address for notices listed in the Agreement.

Appears in 8 contracts

Samples: Rent to Own Lease Agreement, Rent to Own Lease Agreement, Hawaii Residential Lease Agreement (With Option to Purchase)

EXERCISING OPTION. The Tenant shall hold the right to exercise an option to purchase the Premises under Sections 2 & 3 of this Addendum by sending a notice (via Certified Letter with return receipt) to the Landlord’s address for notices listed in the Agreement. When exercising the option to purchase, the Tenant shall be required to: (check one) ☐ - Pay a Deposit. The Tenant shall be required to pay a deposit in the amount of $[AMOUNT] (the “Deposit”) that shall be credited towards the Purchase Price.

Appears in 4 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

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EXERCISING OPTION. The Tenant shall hold the right to exercise an option to purchase the Premises under Sections 2 II & 3 III of this Addendum by sending a notice (to the Landlord, via Certified Letter with return receipt) , by sending to the Landlord’s address for notices listed in the Agreement.

Appears in 2 contracts

Samples: Rent to Own Agreement, Rent to Own Lease Agreement

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