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Rental Application Form – This form is used by Landlords to get consent from potential Tenants to run a background and credit check.
Purchase Agreement – The contract becomes a purchase agreement if the Tenant decides to buy the property.
An Iowa rent-to-own lease agreement lets the Tenant rent with the option to buy. The Landlord follows the same screening process and checks the Tenant’s credit and income thoroughly because of the purchase option agreement.
An Iowa rent-to-own lease agreement lets the Tenant rent with the option to buy. The Landlord follows the same screening process and checks the Tenant’s credit and income thoroughly because of the purchase option agreement.