Q:

Where can you find a sample lease purchase agreement?

A:

Quick Answer

Sample lease purchase agreements are available on RocketLawyer.com, USLegalForms.com and PublicLegalForms.com. Public Legal Forms charges a fee for users to download the document. U.S. Legal and Rocket Lawyer charge no fee for creating and downloading the form.

Continue Reading

Full Answer

Lease purchase agreements are lease agreements that allow the tenant the option to purchase the property, usually a single-family home, at some point during the tenancy. This arrangement provides the landlords and tenants financial and other benefits.

Like a traditional lease, a lease purchase agreement outlines the terms of the lease along with the terms of the potential purchase option extended to the tenant. Information such as the monthly rent payments and whether a portion of those payments are credited towards the purchase price may often be included in lease purchase agreements.

Learn more about Real Estate

Related Questions

Explore