Facilitate lease-to-purchase agreements in Pennsylvania with our customizable template. Ensure a clear transition to homeownership.A Pennsylvania rent-to-own lease agreement is between a landlord and a tenant to rent a property with an option for the tenant to purchase. A lease option contract has two parts, the first part is the lease, and that part is handled like any lease, money down and you move in. A Pennsylvania renttoown agreement leases a rental unit to a tenant and provides them the right to buy the property within a specified period. A Pennsylvania renttoown lease agreement is a residential lease with an option for the tenant to purchase the home during the lease term. "A lease option is a contract in which a landlord and tenant agree that, at the end of a specified period, the renter can buy the property at a specified price. A lease purchase agreement between a tenant and a landlord allows the renter the option to eventually buy the property. A lease option allows you to buy the home if you want, but without obligation. You can walk away without penalty if you change your mind.