A Rent-to-Own Agreement is a specialized contract that allows tenants to rent a property with the option to purchase it later, applying rental payments toward the purchase price. This template guides users through drafting clear terms including payment schedules, option fees, maintenance responsibilities, and legal protections. It helps landlords and tenants establish mutual understanding and avoid disputes by defining rights, obligations, and conditions for exercising the purchase option. The template also includes sections on timelines, default consequences, and dispute resolution methods. Designed for real estate professionals, landlords, and prospective buyers, it ensures a balanced, transparent agreement that supports successful rent-to-own transactions.
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