Washington Residential Lease Agreement with Option to Purchase

Washington Residential Lease Agreement with Option to Purchase

Add to cart View Sample A Residential Lease Agreement is necessary when a Landlord rents out a property, because a Court will not enforce an agreement regarding property without a writing. This Residential Lease Agreement should be used to notify a Tenant of all of the terms and conditions of the rental so that all parties know their respective responsibilities. This form includes a provision offering the tenant the option of purchasing the property at a specified time, for a pre-determined price.

Important provisions included in this form:
  • Lease Premises and Terms of Lease: Identifies the property, and the extent of use of the property.
  • Rent Payments, Late Fees: Sets out the amount of rent, when it is to be paid, and any penalties for late payment
  • Security Deposit: Provides for the amount of security deposit, and the conditions upon which it will be returned
  • Default: What constitutes default, what are consequences of default
  • Quiet Enjoyment: Promise that tenant may peaceably and quietly enjoy the premises
  • Assignment and Subletting: defines conditions of assignment and subletting of property
  • Option to purchase: option to purchase the property at a specified time, for a pre-determined price.
This attorney-prepared packet includes:
  1. Instructions and Checklist for Residential Lease Agreement
  2. Information about Residential Lease Agreements
  3. Residential Lease Agreement
  4. Inspection Checklist
  5. Lead Paint Disclosure
State Law Compliance: This form complies with the laws of Washington

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