How to write a Lease Purchase Contract
The lease is one of the most flexible ways that are available for a person for the purchase of precious assets like land and property. The land, home or cars is one of the most precious items that we have and it is never that easy to buy them. It always requires making a huge investment for the purchase of a vehicle or home. The home is the most precious asset in fact and it always requires adequate planning and management to own one in your life.
The lease offers a flexible way to make home owning dream come true. One can settle a deal with a landlord in order to purchase a certain portion of the property. The lease purchase contract can help you in this regard. It can help you in making the precious portions exclusively yours in the end. The contract covers all legal provisions in the contract and defines everything clearly. It provides all details for both of the agreeing parties and makes it very easy for them to make adjustments.
Lease Purchase Contract Template
The lessee is required paying an agreed amount to the landlord for a certain period of time. It can then write to the landlord for proper purchase of the property the price of which is already settled in the agreement. The purchase of property is however subject to the accordingly agreed upon installments. If the landlord denies or if the lessee does not find it feasible to pay, then the agreement is considered abandoned. The second party is not liable to any action in this regard.
Create your own Printable Lease Purchase Contract by using the following template,