A rent-to-own lease agreement is similar to a typical residential lease agreement in that it sets up all the important terms of a lease or rental agreement between a landlord and tenant. In addition, it allows the tenant the option to eventually purchase the apartment or house when certain conditions are met.
In addition to the usual provisions in a lease, this agreement allows you to customize the price the tenant pays for receiving the option to purchase, the purchase price for the unit, any interest rate associated, and the amount of time for which the purchase option is available. The agreement also allows you to include additional provisions related to rent concessions, furnishings provided, a lead paint disclosure, responsibilities of the tenant and landlord, and a move-in/move-out checklist.
LegalNature will use a few easy steps to help you quickly draft a strong rent-to-own lease agreement that will provide you with thorough protection you can rely on.
This document is included in the Estate Personal Plans.
There is a moment in the life of any aspiring astronomer that it is time to buy that first telescope. It’s exciting to think about setting up your own viewing station whether that is on the deck of your home or having a powerful but mobile telescope set up to take to the remove countryside to really get a good shot at some breath taking star gazing.
For more information about pricing and features, you can:
Our rent-to-own lease agreement gives the Landlord and Tenant the flexibility to structure a purchase option in the event the Tenant eventually wants to buy the property.
Choose the document you wish to create.
Receive step-by-step guidance along the way.
Easily download and store your documents!
“Completing documents is a breeze!”