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Lease Purchase Agreements Package Connecticut Form

Lease Purchase Agreements Package Connecticut Form

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what is a lease purchase agreement and why should you even care well if you've been sitting on the fence and waiting for the FED to reduce interest rates and you're waiting and waiting and waiting this might be a solution for you to go ahead and get in your dream home and then purchase it down the road when interest rates hopefully drop so here's how it works what we're going to do is we're going to take a lease and we're going to marry it to a sales contract with two addenda and those addenda to the Florida sales and purchase agreement are are the lease purchase addendum and the pre-occupancy addendum now here's how it works you're going to negotiate all the terms with the seller just like you would if you were purchasing a property or you were leasing a property so you're going to determine the the lease amount the security deposit the timeline of the lease like how long it will be 6 Months 8 months 10 months you

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