Notice of Exercise of Option to Purchase Property

This Notice of Exercise of Option to Purchase Property is from an option holder to a property owner setting forth an intention to exercise a purchase option. This notice sets out the names of the parties and a description of the property to be purchased. It also authorizes the owner to transfer title to the option holder(s). A written Notice of Exercise of Option to Purchase Property will be useful if there are disagreements about the property purchase.

This Notice of Exercise of Option to Purchase Property contains the following:

• Parties: The names of the property owner and option holder;
• Option Information: Sets out the date of the option agreement, the option holder(s) and a property description;
• Title Transfer: The names of the party or parties to whom title should be transferred;
• Signatures: The option holder must sign the notice in the presence of a witness.

This attorney-prepared packet contains:

1. General Instructions
2. Notice of Exercise of Option to Purchase Property

State Law Compliance: This form complies with the laws of all states

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• Number of Pages:

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