Form-of-the-Week: The Right of First Refusal to Buy — Form 579
A landlord and tenant may agree to grant the tenant a right of first refusal in an addendum to the lease agreement using RPI Form 579.
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Tag: purchase option
Assignment of Option to Buy — RPI Form 161-2
Download the Form This form is used by a tenant’s or buyer’s agent or an escrow officer when the holder of an option to purchase property has sold the option rights, to transfer the ownership of the option to the...
Read MoreOption to Purchase with Extensions — Irrevocable Right-to-Buy — RPI Form 161-1
Download the Form This form is used by a buyer’s agent when the buyer’s offer is for acquiring a purchase option exercisable with extensions, to prepare an option as an irrevocable offer to sell with a price and...
Read MoreStandard Option to Purchase — Irrevocable Right-to-Buy — RPI Form 161
Download the Form This form is used by a broker when negotiating a real estate purchase option with a single exercise period as an attachment to an offer to lease, lease agreement or offer regarding a purchase option, to prepare...
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Form-of-the-Week: The option to buy and its variations — Forms 161, 161-1 and 161-2
A leasing or sales agent uses RPI Forms 161, 161-1 and 161-2 when arranging an option to purchase property.
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Form-of-the-Week: Right of First Refusal to Buy and Right of First Refusal to Lease – Forms 579 and 579-1
A leasing agent or prospective tenant uses RPI Form 579 and 579-1 to grant to the tenant a right of first refusal to purchase the leased premises or lease additional space from the landlord.
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