Rent to own rental agreement formRent to Own Rental Agreement • June 10th, 2023
This (this "Lease") is made effective as of ("Effective Date"), by and between ("Landlord"), This (this "Lease") is made effective as of ("Effective Date") , by and between and , ("Landlord"), and and the following tenants: (the "Tenant") Subject to the terms and conditions stated below the parties agree as follows: PREMISES. Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant (the "Premises") located at , , . TERM. The lease term will begin on and will terminate on . If the Purchaser fails to exercise the option by such time and date, the option will automatically terminate and the Seller will be entitled to retain the non refundable consideration stated below. LEASE PAYMENTS. Tenant shall pay to Landlord monthly installments of per month, payable in advance on the first (1st) day of each month. Lease payments shall be made to Landlord at , , , which location may be changed, in writing by Landlord, with a minimum of seven (7) days advanced notice
