If you`re a commercial property owner looking to sell your property, it`s likely you`ve considered a commercial lease purchase agreement as a potential option for your buyer. A commercial lease purchase agreement is an agreement between the buyer and seller that allows the buyer to lease the property for a set period of time, with the option to purchase it at the end of the lease term.
However, crafting a comprehensive and legally sound commercial lease purchase agreement can be a daunting task. Luckily, there are many resources available online for sample agreements to guide you and ensure your document is complete and accurate.
One helpful resource for commercial lease purchase agreement samples is Legal Templates, which offers a variety of templates for different types of agreements. Their commercial lease purchase agreement template provides an overview of the agreement, including details on the property, lease term, purchase option, and payment terms.
Another useful resource is Rocket Lawyer, which offers customizable templates for a variety of legal documents, including commercial lease purchase agreements. Their template provides a comprehensive overview of the agreement, including sections for specific terms and conditions, such as the purchase price, payment terms, and conditions for termination.
It`s important to note that while these sample agreements can serve as a helpful starting point, it`s essential to have an attorney review and modify the document to ensure it meets your specific needs and adheres to state and federal laws.
Overall, a commercial lease purchase agreement can be an attractive option for both buyers and sellers in the commercial real estate market. Utilizing sample agreements, along with the guidance of an experienced attorney, can help ensure a smooth and successful transaction.