Common Contracts
1 similar Lease Purchase Agreement contracts
Lease purchase agreement sample freeLease Purchase Agreement • July 30th, 2021
This Lease Purchase Agreement dated is made on this day of BETWEEN XYZ, residing at , hereafter referred to as ‘the Seller/Landlord, AND ABC, , residing at , hereafter referred to as ‘the Buyer/Tenant. WHEREAS the Landlord is the owner of a real estate property situated in the state of having a street address , hereafter referred to as ‘the Property’. LEASE (A) As per lease purchase agreements the Landlord desires to lease and the buyer wishes to pay the sum of $ per month inclusive of taxes and insurance to the lender of Landlord’s current mortgage. The first payment shall be made on day of , which is rent for the Property. All payments as rent shall be payable on the day of each month. An amount of $ shall be credited to the Tenant and applied to the purchase price of the said Property in the event that the Tenant exercises his/her purchase option. (B) Form of Payment Payment shall be made by the Tenant each month by cash/personal check/money order/ payable to on the 1st day of each
