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LEASE AND OPTION TO PURCHASE AGREEMENTDated as of July 12, 2021, Between FIRST STATE BANK OF CHEYENNE, CHEYENNE, WYOMING as LessorandCITY OF LARAMIE, WYOMING as Respectable OF CONTENTS Page ARTICLE

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How to fill out lease purchase agreement with

01

Gather necessary information such as names of parties involved, property details, lease terms, purchase price, and conditions.

02

Include all agreed upon terms and conditions in the agreement.

03

Clearly outline the responsibilities of both the landlord/seller and the tenant/buyer.

04

Specify the option fee and monthly rent credits towards the purchase price.

05

Include details about the purchase option, such as when it can be exercised and the purchase price.

06

Have both parties review and sign the agreement to make it legally binding.

Who needs lease purchase agreement with?

01

Renters who are interested in eventually owning the property they are currently living in.

02

Homeowners who want to sell their property but are not in a hurry.

03

Investors looking for a secure way to earn rental income and potentially sell the property for a profit in the future.

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What is lease purchase agreement with?

A lease purchase agreement is a contract between a buyer and a seller that allows the buyer to pay for the property in installments.

Who is required to file lease purchase agreement with?

The buyer and seller are required to file the lease purchase agreement with the appropriate authorities.

How to fill out lease purchase agreement with?

Fill out the lease purchase agreement with all relevant details about the property, payment terms, and both parties' information.

What is the purpose of lease purchase agreement with?

The purpose of a lease purchase agreement is to outline the terms of the sale and purchase of a property.

What information must be reported on lease purchase agreement with?

The lease purchase agreement must include details about the property, payment schedule, buyer and seller information, and any other relevant terms.

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