Rent to own contract iowa: Fill out & sign online

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Click ‘Get Form’ to open the Option to Purchase Addendum in the editor.
Begin by filling in the names of both parties in the designated fields for 'Lessor' and 'Lessee'. Ensure accuracy as these names will be used throughout the document.
In the 'Grant of Lease' section, enter the address of the leased property. This should match what is stated in your Residential Lease Agreement.
For the 'Option to Purchase', specify the date after which Lessee can exercise their purchase option and enter the purchase price. Be clear on how many days notice must be given to Lessor when exercising this option.
Review the 'Assignment or Transfer' clause, ensuring you understand that Lessee cannot transfer rights without Lessor's consent.
Finally, ensure all parties sign and date at the bottom of the document. This finalizes your agreement.

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