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White Out Rent to Own Agreement Template

White Out Rent to Own Agreement Template

Aug 6th, 2022

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How to White Out Rent to Own Agreement Template

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A rent-to-own agreement is a contract between a tenant and a landlord that outlines rental terms, allowing the tenant the option to buy the rented apartment within a specified timeframe. Unlike a standard lease, this agreement may require the tenant to handle more maintenance and pay a higher rent, which can be deposited into an escrow account until the purchase. This arrangement provides tenants the opportunity to purchase the property before the landlord sells it to someone else. While the seller is obligated to sell, the tenant is not required to buy if they choose not to.

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