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Rent to Own Contract

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					This document provides a checklist of what tenants and landlords should consider
before entering into a rent to own agreement. This document also provides a template
rent to own application and a template rent to own contract. In a rent to own agreement
the tenant pays a monthly rent but a portion of the rent goes toward the purchase of the
property; this may also be called an option to buy contract. This document is useful to
either a prospective tenant/ buyer or to a landlord, and should be consulted before
entering into a rent to own agreement.
____________________________
TELEPHONE:

CONTACT:

REPORT TYPE(S): CREDIT [ ] EVICTION [ ]
           Applicant[ ] / Spouse [ ] / Both [ ]

FULL SERVICE [ ]          (Above Reports & Verify Employer / Landlord)

ACCESS NUMBER:

________________________
FAX:
DATE:      TIME:

NC CRIMINAL [ ]

Other (Please Specify):

________________________.Property Management USE ONLY:


RENT PER MONTH

$

DEPOSIT TAKEN

$

                 Total

Ck#            Amt$



LAST MONTH RENT TAKEN? YES OR NO

HOW MUCH?


TERMS: APPLICANT CERTIFIES THAT ALL INFORMATION GIVEN TO EVALUATE THIS APPLICATION TO RENT / LEASE IS
CORRECT AND COMPLETE. APPLICANT AUTHORIZES ALL INQUIRIES BY RENTAL OWNER OR OWNER’S AGENT OR NATIONAL
TENANT NETWORK DEEMED NECESSARY TO EVALUATE THIS APPLICATION. APPLICANT FURTHER UNDERSTANDS THAT ANY
FALSE, INACCURATE, OR INCOMPLETE INFORMATION IS GROUNDS FOR IMMEDIATE REJECTION. APPLICANT SPECIFICALLY
AUTHORIZES AND REQUESTS ALL PRESENT AND PREVIOUS EMPLOYERS, MORTGAGE HOLDERS, LANDLORDS, RENTAL AGENTS,
CREDIT GRANTORS, BANKS, ACCOUNTANTS, STOCK BROKERS, AND ANY GOVERNMENT AGENCY TO RELEASE ANY
REQUESTED INFORMATION IN THE EVALUATION OF THIS APPLICATION. THIS FORM IS PROVIDED BY O.P.M ENTERPRISES INC.
TO ASSIST ITS MEMBERS IN PROCESSING THEIR APPLICATIONS TO RENT OR RENT TO OWN RENTAL PROPERTY. ___________.
SHALL NOT BE RESPONSIBLE FOR THE USE OR APPLICATION OF THIS FORM BY OTHERS OR ANY LEGAL ASPECT AS TO A
LEASING / RENTAL AGREEMENT ENTERED INTO BY ANY PARTIES USING THIS FORM.


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USE BLACK INK AND PLEASE PRINT CLEARLY!                                VERIFY I.D. / SSN / ADDRESS INFO!

Applicant:_______________________________________                      SSN# __________/_____/_________
          LAST             FIRST          MIDDLE

Drivers Lic. # / State: ______________________/_______                 DOB: _________/_____/__________

Spouse:_________________________________________                       SSN# __________/_____/_________
         LAST             FIRST          MIDDLE

Drivers Lic. # / State: ______________________/_______                 DOB: _________/_____/__________

Present Address:________________________           Rent Amt: _____________         Reason for Leaving:_________________________

City:_____________________ State:________                                          Your Home Phone: (   )_____________________
                                                   Zip:
                                                   _________________
                                                   _
Buying [ ] Renting [ ]
Current
Landlord:_____________________________             Phone (    )____________        Date From:________to_________


Previous Address:_______________________           Rent Amt: _____________         Reason for Leaving:____________
                                                                                   Has an eviction ever been filed
City:_____________________ State:________                                          against you? Yes/ No
                                                   Zip:
                                                   _________________
                                                   _
Buying [ ] Renting [ ]
Previous
Landlord:_____________________________             Phone (    ) ___________        Date From:________to_________

Present Employer:_______________________           Phone (    )____________

Position:_______________________________                 Supervisor:   _________________________

Date From:_____________to______________               Gross Income:    $________per week [ ] month [ ] yr [ ]
                                                                       Other Income____________________________

Bank Name:____________________________             Savings Acct #      _____________Checking Acct# ____________

Spouse’s Employer:______________________           Phone (    )____________

Position:_______________________________                 Supervisor:   _________________________

Date From:_____________to______________               Gross Income:    $________per week [ ] month [ ] yr [ ]
                                                                       Other Income____________________________

Bank Name:____________________________             Savings Acct #      _____________Checking Acct# ____________
Others who will occupy premises:


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Auto make           Yr       Tag#                       Auto Make                  Yr       Tag#          Other vehicles Y/N


        Do you have any pets? Yes or             No        Do you or anyone who lives with you, smoke? Yes or No

        I declare the above information is true and correct, authorize its verification, authorize the obtaining of a consumer credit report,
        understand the application fee(s) will not be refunded
				
DOCUMENT INFO
Description: This document provides a checklist of what tenants and landlords should consider before entering into a rent to own agreement. This document also provides a template rent to own application and a template rent to own contract. In a rent to own agreement the tenant pays a monthly rent but a portion of the rent goes toward the purchase of the property; this may also be called an option to buy contract. This document is useful to either a prospective tenant/ buyer or to a landlord, and should be consulted before entering into a rent to own agreement.
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This document is also part of a package Residential Landlord Toolkit 21 Documents Included