A lease-purchase agreement combines a standard lease with an option for the tenant to buy the property, often at a pre-agreed price. It’s usually used with homeowners looking to rent their property with the potential to sell to the tenant.
Rent-to-Own Option-to-Purchse
The Alaska Rent to Purchase Option Agreement is a legal contract that combines a lease agreement and an option to buy. This agreement allows the tenant to lease a property while securing the exclusive right to purchase it within the renting timeframe.