Tenant Notice to Exercise Purchase Option
"This is a letter that a tenant sends a landlord informing the landlord that the tenant intends to exercise the purchase option under the lease. This letter should only be used when the original lease agreement grants the tenant an option to purchase the property at a specific option price. In addition, the tenant must include the deposit amount as specified under the original lease. This letter can be used by individuals or small businesses that are leasing property with an option to purchase and want to exercise that option.
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