Rent to Own Contract

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