Home
Forms Library
Lease with option to purchase contract example

Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri 2025

lease with option to purchase contract example Preview on Page 1

Show details

4.9 out of 5

49 votes

The document is an Option to Purchase Addendum to a Residential Lease Agreement, outlining the terms under which the Lessee has the option to purchase the leased property at a specified price after a certain date. It includes provisions regarding the lease agreement, the process for exercising the purchase option, restrictions on assignment or transfer of the option, and states that all terms are binding on heirs and assigns. The agreement emphasizes that it constitutes the entire understanding between Lessor and Lessee.

Here's how it works

01. Edit your lease with option to purchase contract example online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send rent to own missouri via email, link, or fax. You can also download it, export it or print it out.

How to edit Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your paperwork requires only some simple clicks. Make these quick steps to edit the PDF Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri online free of charge:

Register and log in to your account. Sign in to the editor using your credentials or click Create free account to evaluate the tool’s features.
Add the Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri for redacting. Click on the New Document button above, then drag and drop the document to the upload area, import it from the cloud, or using a link.
Alter your file. Make any changes required: add text and images to your Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri, underline important details, erase parts of content and replace them with new ones, and insert icons, checkmarks, and fields for filling out.
Finish redacting the template. Save the updated document on your device, export it to the cloud, print it right from the editor, or share it with all the parties involved.

Our editor is super intuitive and efficient. Try it now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the 1% rule when leasing?

For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price. If you want to buy an investment property, the 1% rule can be a helpful tool for finding the right property to achieve your investment goals.

Is a lease with option to buy a good idea?

Flexible path to buying a home: A lease option could be a suitable alternative if you aspire to become a homeowner but cant quite afford it just yet. Using this type of contract, you get a little more time to potentially save toward the down payment or work to improve your credit.

Is a lease-to-own a car a good option?

While lease-to-own programs offer easier approval, they can also be more expensive than other financing options. Payments are often due weekly or biweekly, which can add up quickly. The total cost of the car may also be higher than its market value due to added fees and interest.

Is rent-to-own legal in Missouri?

Yes, a rent-to-own agreement is a situation like this is perfectly legal.

How does a lease purchase option work?

The renter pays the seller an upfront option fee based on the purchase price, giving them exclusive rights to buy the property. Both parties agree to what the purchase price of the home will be at the end of the lease term.

residential lease agreement with option to purchase

Simple option to purchase addendum to residential lease lease or rent to own missouri Lease with option to purchase contract example Rent-to-own agreement Rent to Own homes near me

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

What is the disadvantage of a lease option to buy?

Cons of lease-to-own agreements Higher Monthly Payments: Lease-to-own agreements often have higher monthly rent payments compared to traditional leases, as part of the rent goes toward building equity. Non-Refundable Option Fee: The upfront option fee paid by the tenant is usually non-refundable.

What is the difference between lease option and rent-to-own?

Key Differences Financial Structure: Rent-to-own payments are lower and are not considered loans or financing, while lease-to-own is a financing agreement with payments contributing towards the purchase, often with interest and fees.

What is the option to purchase in a lease agreement?

A lease-purchase option, also known as a rent-to-own agreement, is a contractual arrangement where a tenant leases a property with the option to purchase it after a specified period.

Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri 2025

Here's how it works

How to edit Option to Purchase Addendum to Residential Lease - Lease or Rent to Own - Missouri online

Complete this form in 5 minutes or less

Got questions?

What is the 1% rule when leasing?

Is a lease with option to buy a good idea?

Is a lease-to-own a car a good option?

Is rent-to-own legal in Missouri?

How does a lease purchase option work?

Complete this form in 5 minutes or less

People also ask

What is the disadvantage of a lease option to buy?

What is the difference between lease option and rent-to-own?

What is the option to purchase in a lease agreement?

Related links

Try more PDF tools