Letter of Release and Waiver of Option Rights

Letter of Release and Waiver of Option Rights : Please fill out the following form. Please print your completed form if you would to have a copy for your records.

The undersigned is purchaser of an option to purchase and acquire real property dated (date with year), executed by as seller andrecorded on (date with year) in volume 12/M on page 12 of the deed records of County (COUNTY) State of (STATE).

The option expired on (date with year).

Purchaser, the sole owner and holder of the option, acknowledges that the same was not exercised prior to the expiration date, and since that date the option has been and is now void and of no effect. Purchaser hereby waives and releases all claim, right, and interest in the option, and in the real property therein described.

IN WITNESS WHEREOF, this instrument has been executed on (date with year).

Signature of Purchaser :

Name of Purchaser :

Address of Purchaser :



On _______________________ before me _________________________ personally appeared ___________________________ personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

WITNESS my hand and official seal.

Signature :

Affiant : Known / Unknown :

ID Produced :

Seal :

Typical Legal Forms Index

Letter of Release and Waiver of Option Rights