A Master Lease Purchase Agreement is a contract between a lessor (owner/seller) and a lessee (renter/buyer) that outlines the terms of a lease-purchase arrangement. This type of agreement is often used when the lessee wishes to purchase the property they are renting and allows them to make a down payment, pay regular lease payments, and/or pay an additional amount at the end of the term in order to purchase the property. There are three common types of Master Lease Purchase Agreements: 1. “Lease-to-Own”: This is when the lessee agrees to make regular lease payments, as well as a lump-sum payment at the end of the term in order to purchase the property. 2. “Rent-to-Own”: This is when the lessee agrees to make regular lease payments, and at the end of the term, they have the option to purchase the property. 3. “Option-to-Purchase”: This is when the lessee agrees to make regular lease payments, and at the end of the term, they have the option to purchase the property for a predetermined price.
Master Lease With Option To Purchase
Description
How to fill out Master Lease Purchase Agreement?
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