Question about using Double Lease Options

[Alan P]

Hi.

When I do a double Lease option:
In option #1, i lease and option from seller (which are three documents including lease, option, and purchase and sale agreement);

What language in do I put in Option #2 where I offer my subtenant/prospective buyer/option buyer regarding my being only an option holder with the seller?

What concerns me is that I don't have title to property at time I create Option #2. I have to disclose that I am only an option holder under Option #1. Do I make it conditional on my first exercising my rights under Option #1?

Thanks.

Alan