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Sample Only!!! This document is designed to be used as a sample. The actual contract may contain substantial differences. Please seek professional assistance before signing any rent to own contract.
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A rent to own contract is an agreement where a tenant agrees to rent a property for a certain period of time with the option to purchase the property at a later date.
The landlord or property owner is typically required to file the rent to own contract.
To fill out a rent to own contract, both parties (landlord and tenant) must agree on the terms of the rental agreement and purchase option, and then sign the contract.
The purpose of a rent to own contract is to provide the tenant with the opportunity to potentially purchase the property they are renting in the future.
A rent to own contract should include details such as the rental terms, purchase price, option fee, and any other relevant terms agreed upon by both parties.
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