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Purchase Agreement – The contract becomes a purchase agreement if the Tenant decides to buy the property.
An Arkansas rent-to-own lease agreement is a rental contract that gives the tenant the option to buy the property. If the tenant must notify the Landlord by certified letter to buy and then the lease will then turn into a purchase contract.
An Arkansas rent-to-own lease agreement is a rental contract that gives the tenant the option to buy the property. If the tenant must notify the Landlord by certified letter to buy and then the lease will then turn into a purchase contract.