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Lease Purchase Agreement PDF Form

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Quick guide on how to complete rent to own lease agreement pdf

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Instructions and help about lease purchase agreement

welcome to county office your ultimate guide to local government services and public records let's get started what is a lease purchase agreement imagine the excitement of moving into a house you love with the intention to buy it someday that's the essence of a lease purchase agreement it's a contract that combines a lease with the option to purchase the property later this agreement allows tenants to lease a home with the option to buy it within a specific period the tenant pays rent and an additional amount that goes towards the purchase price it's like a piggy bank for your future home the option to buy usually comes with a set price agreed upon at the lease's start think of it as locking down the price of your future home no matter how the market swings a portion of the rent paid may be applied to the purchase price yes some of your rent money could be working toward your ownership dreams the tenant typically pays an upfront option fee which

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