Common Contracts
1 similar Lease-Purchase Agreement contracts
name of organization**>> LEASE-PURCHASE POLICIES & PROCEDURES Date Approved: _____________Lease-Purchase Agreement • December 7th, 2020
Definition/summary: The goal of <<**name of organization**>>’s lease-purchase program is to provide home ownership opportunities to families that, for income or credit reasons, cannot obtain a mortgage. The organization shall work with the family to overcome its barriers to a final purchase. Such barriers may include the need to acquire a down payment, repair credit problems or receive subsidies that require a lease period.
