Give a tenant, buyer, or investor the right to BUY — at a price you lock in now, on their timetable. PaperKit drafts a proper Option to Purchase (Purchase Option) Agreement where an owner grants an optionee the exclusive right to buy a defined asset within an option window. It's the sibling of a right of first refusal: instead of the right to match someone else's offer, the optionee gets the outright right to buy on fixed terms. Pick the style: a standalone option to purchase, a lease option (lease-to-own) with a rent credit applied toward the price, or an option plus a right of first refusal during the term. Choose the asset — real property, extra leased space, or a business/equity interest — set the option fee (credited to the price or not), the purchase price or formula, the option period, and the closing window. PaperKit does the math: the net price after the credited option fee and accrued rent credits. Hosted online for the optionee to review & e-sign. Clean PDF.

An option to purchase is a template for convenience, not legal advice. It creates real, binding rights over the identified asset; the underlying agreement and applicable state and local law (including any recording and notice requirements) continue to govern. PaperKit is not a law firm. Review the agreement and consult a qualified attorney.