Official Residential Lease Agreement: https://bit.ly/32HaniV
A Residential Lease With Option to Purchase gives a tenant a choice to purchase a property they are renting from a landlord. When entering into this type of lease agreement, the renter isn’t bound to purchase the property, but the landlord must sell the property if the tenant decides they wish to acquire it per the terms set in the lease.
The rules for leasing to own vary considerably by state. A Residential Lease With Option to Purchase can save both the buyer and seller a significant amount of money typically rendered during the sale of a home.
Free Version: https://eforms.com/rental/lease-to-own/
Disclaimer: This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.
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0:00 Intro:
0:35 Variations:
0:44 A Right Of First Refusal (ROFR)
0:53 Right Of First Offer (ROFO)
1:11 Lease To Own:
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