Lease Option Addendum (Professional Template)

Close Lease Option Deals With Confidence

Lease option transactions are powerful creative financing tools—but without proper documentation, they can lead to disputes, lost rent credits, or even failed closings.

The Lease Option Addendum from SubjectToDeals.com ensures your deal is clear, enforceable, and professional—whether you’re the investor, seller, or agent facilitating the transaction.

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What’s Inside

• Parties & Property – Identify landlord/seller, tenant/buyer, and property address.
• Option Terms – Purchase price, option consideration, rent credits, and exercise deadline.
• Lease Provisions – Start/end dates, rent amount, late fees.
• Maintenance Responsibilities – Assign repair obligations clearly.
• Default & Remedies – Outline what happens if terms are broken.
• Closing Procedures – Step-by-step details to finalize the sale.
• Notary Page – Ready for official execution and recording.

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Why Use This Template?

✅ Protect Both Parties – Avoid misunderstandings and costly disputes.
✅ Investor-First Design – Structured for creative financing professionals.
✅ Customizable – Edit in Word to fit your deal and state-specific requirements.

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Included Files

• 📄 Editable Word (.docx) version – Ready for customization.
• 🖋 Space for exhibits, signatures, and notarization.

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💡 Pro Tip: Use this in combination with our Subject-To Purchase Agreement or Wraparound Mortgage Template for a complete creative financing document package.