VIEWS: 25 PAGES: 4 CATEGORY: Real Estate POSTED ON: 12/8/2011
This Notice to Exercise Purchase Option is used by tenants to notify their landlord regarding an option to purchase the property in which they have been residing. The option to purchase must have been included in the original lease. This notice informs the landlord that the tenant is exercising the option to purchase and includes the first installment payment as provided under the original lease agreement. This document may be customized as needed by the drafting party. It should be used by tenants located in South Dakota when exercising an option to purchase property pursuant to a lease agreement.
"South Dakota Tenant Notice to Exercise Purchase Option"