Lease Purchase Contract Template. Before leasing out any property or apartment, a lease contract has to be signed by the lessor and the lessee. Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making.
In this lease purchase contract dated date, it is agreed that Landlord, hereafter known as "Landlord," and Renter, hereafter known as "Renter," will enter into an arrangement in which a portion of Renter's rent will be set aside as part of an option to purchase the property located at address.
It contains all the business and living contracts you could think of.
Lease to Own Contracts include everything a standard lease usually includes plus the terms of the option to buy agreement. A contract is a legally enforceable agreement between two or more parties. Well before some years ago people Importance of Financial Lease Contract Template.