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Lease to Own Form

Lease to Own Form


A lease to own form is a lease agreement, which has the provision to own a property, signed between the lessor or seller and the lessee or buyer. It is used by the landlord to lease a property to a tenant and includes a clause offering the tenant an option to own the property at a specified time in the future for a pre-determined, usually non-refundable price.

Lease to Own Template
Lease to Own Template
Lease to Own Template
Lease to Own Template

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Parties Involved:

Identifies the lessor (seller/landlord) and lessee (buyer/tenant) entering into the agreement.

Property Details:

A section to specify the property address and other relevant details (e.g., lot number).

Lease Terms:

Defines the lease period, including the start and end date.

Monthly Rent Payment:

Outlines the amount of monthly rent the tenant will pay during the lease term.

Purchase Price:

Specifies the total price the tenant will pay to purchase the property at the end of the lease term.

Termination Clause:

Defines the conditions under which either party can terminate the agreement early.


Includes space for both the seller and buyer to sign and date the agreement.



A lease-to-own agreement clearly outlines the rights and responsibilities of both the buyer (tenant) and also seller (landlord) throughout the lease term and purchase process, minimizing the risk of misunderstandings.


A written agreement protects both parties by clearly outlining expectations and providing a legal record of the terms.

Path to Ownership:

For tenants, a lease-to-own agreement can provide a path to homeownership for those who may not qualify for a traditional mortgage yet. It allows them to build equity through monthly rent payments that contribute towards the purchase price.

Flexibility for Sellers:

For sellers (landlords), a lease-to-own agreement can be an alternative to a traditional sale if they are willing to wait for the full purchase price. They can still earn rental income during the lease term.

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