Form 18-15: Tenant Option to Purchase Premises
$15.00Price
Form 18-15: Tenant Option to Purchase Premises
(Fixed price, fixed price adjusted by CPI, cash/installment payment and possible restriction making option to purchase exercisable solely by original tenant or while original tenant occupies the premises)
(1 page)
Form addresses:
This form grants tenant the right to purchase tenant's building (or tenant's building plus appurtenant land).
- Clauses cover fixed price purchase price or fixed price adjusted by CPI, form of payment/financing, and a separate "optional" landlord-favorable clause making tenant's option to purchase exercisable solely by the original tenant (and not assignees or subtenants of the original tenant).