Lease-to-Own

NEW-HAMPSHIRE-LEASE-TO-PURCHASE-OPTION-AGREEMENT-TEMPLATE

Landlord-Tenant Relationship Laws

The District Division of the New Hampshire Judicial Branch (1) governs the Landlord-Tenant relationship laws, including the following:
  • Evictions – The rules for how and when a Landlord can evict a Tenant.
  • Security Deposits & Tenant Rights – This law limits the amount Landlords can collect for security deposits and the time they must return them to the Tenant.
  • Habitable Property Conditions – Landlords must keep rental units safe and livable.
  • Fair Housing – Bans discrimination in renting based on race, gender, disability, or sexual orientation.

Sample New Hampshire Lease-to-Purchase Agreement

Sources

  1. Landlord/Tenant – District Division
  2. RSA 540
  3. RSA 540-A
  4. RSA 48-A:14
  5. RSA 354-A:8
MONTANA LEASE TO PURCHASE OPTION AGREEMENT TEMPLATE 1 pdf Montana Lease-to-Own Option Agreement Template

Sample Montana Lease-to-own Rental Agreement

MAINE LEASE TO PURCHASE OPTION AGREEMENT TEMPLATE 1 pdf Maine Lease-to-Purchase Lease Agreement

Maine Landlord and Tenant Online Resources

Sample Maine Lease-to-Purchase Lease Agreement

KANSAS LEASE TO PURCHASE OPTION AGREEMENT TEMPLATE 1 pdf Kansas Rent-to-Own Lease Agreement Template

Sample Kansas Rent-to-Own Lease Agreement

Illinois lease to own option to purchase agreement 1 pdf Illinois Lease-to-Own Lease Agreement

Sample Illinois Rent-to-Own Lease Option Agreement

LEASE TO PURCHASE OPTION AGREEMENT 1 pdf Lease-to-Own (Conveyance) Purchase Agreement Template

By State

Rent-to-Own Process Steps

Negotiate the Rental Terms

Landlord and tenant must agree on the following:

  • Monthly Rent Amount
  • Lease Term (Start and End Dates)
  • Security Deposit (if any)
  • Utilities and Services

The Option to Purchase Terms

After finalizing rental terms, decide:

  • Purchase Price
  • Downpayment
  • Option Term
  • Option Fee (if any)

The lease-purchase terms often include a condition that both parties agree to enter a purchase agreement in “good faith.”

Screen the Tenant

Verify Tenant Income

The tenant provides:

  • Bank Statements (last 2-3 months)
  • Pay Stubs (last 2 weeks)
  • Tax Returns (last 2 years)
  • Employment Verification

Sign the Lease with Purchase Option

Both parties sign the agreement. Tenant provides:

  • First Month’s Rent
  • Security Deposit
  • Prorated Rent (if applicable)
  • Additional Fees (pet fees)

Tenant Moves In

Tenant moves in per the lease start date, introduces themselves to neighbors, and follows property rules.

Activate Purchase Option

Tenant informs the landlord of their intent to buy, often with an earnest money deposit.

Enter a Purchase Agreement

Parties agree on:

  • Financing Contingency
  • Inspection Periods
  • Repair Negotiations
  • Property Survey
  • Closing Date

Include Required Disclosures

Seller provides disclosures about property defects and includes the Lead-Based Paint Disclosure (if built before 1978).

Close the Sale

Closing the sale includes the following:

  • Making sure the Buyer funds are available, transfers payment, and receives the deed.
  • The deed is recorded at the county office, officially transferring ownership.

Sample Lease to Purchase Option Agreement