Free Lease With Option To Buy | Contract

Real estate laws vary wildly by state. It is highly recommended to have a local real estate attorney review this before anyone signs, especially regarding "equitable interest" laws.

The lease begins on [Start Date] and ends on [End Date] . free lease with option to buy contract

Tenant agrees to pay $[Amount] per month, due on the [Day] of each month. Real estate laws vary wildly by state

To buy the property, the Tenant must provide written notice to the Landlord no later than [Number] days before the lease expires. Tenant agrees to pay $[Amount] per month, due

This is a template for a agreement (often called a "Rent-to-Own" contract). It combines a standard residential lease with a specific clause giving the tenant the right to buy the property. LEASE AGREEMENT WITH OPTION TO PURCHASE

If the Tenant fails to pay rent or violates the lease, the Option to Purchase is automatically voided, and the Landlord may keep the Option Fee. SIGNATURES: __________________________ (Landlord) Date: __________ __________________________ (Tenant) Date: __________ 💡 A Few Quick Tips: