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Notice to Lessor Exercising Option to Purchase Indiana Form

Notice to Lessor Exercising Option to Purchase Indiana Form

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[Music] hi I'm chip Waller I'm often asked about owner financing or a lease with an option to purchase well what is a lease to option with an option to purchase well we start with a lease which means you'll enter into a lease or a landlord tenant relationship wherein the the tenant is taking occupancy of the property and agrees to pay a certain monthly amount per month to re move into the property for a specified period of time the option is a an agreement by the seller that locks in the purchase price that allows the buyer to buy the property during the term of the lease for a fixed amount of money depending on the negotiations between the landlord and the Tenant a certain amount of the monthly rental payments can apply to the purchase price this is usually negotiated and I'll be happy to discuss with a landlord or a tenant uh as to how much of the monthly rental should apply to the option price but it is the buyer's option to purchase that is a

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