North Carolina Lease Purchase Agreements Package

State:
North Carolina
Control #:
NC-P033-PKG
Format:
PDF; 
Word; 
Rich Text
Instant download

Description Legal Help Option

This package contains the forms that are necessary for sellers and purchasers to enter into a legally binding obligation to sell and purchase real property at the expiration of or during a lease term. In a lease purchase agreement, a party agrees to purchase a particular piece of real property within a certain timeframe, usually at a price determined beforehand. With this package, you will find the essential forms to assist you in successfully entering into and executing a commitment to purchase or sell real property. The documents in this package include the following:


1) Contract for Lease and Mandatory Purchase of Real Estate-Specific Performance Clause;


2) Contract for Lease and Purchase of Real Estate- Purchase by Date or Leave;


3) Personal Guaranty of Contract for the Lease and Purchase of Real Estate; and


4) Residential Real Estate Sales Disclosure Statement.


Purchase this package and save up to 30% over purchasing the forms separately!


Free preview Legal Agreement Service
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Legal Lease Help?

Avoid costly lawyers and find the North Carolina Lease Purchase Agreements Package you want at a affordable price on the US Legal Forms website. Use our simple categories function to find and download legal and tax forms. Go through their descriptions and preview them well before downloading. Additionally, US Legal Forms enables users with step-by-step instructions on how to obtain and fill out every single form.

US Legal Forms customers basically need to log in and download the specific form they need to their My Forms tab. Those, who have not got a subscription yet should follow the tips below:

  1. Ensure the North Carolina Lease Purchase Agreements Package is eligible for use in your state.
  2. If available, look through the description and make use of the Preview option before downloading the sample.
  3. If you are confident the document is right for you, click Buy Now.
  4. If the form is incorrect, use the search field to find the right one.
  5. Next, create your account and choose a subscription plan.
  6. Pay by card or PayPal.
  7. Select obtain the form in PDF or DOCX.
  8. Click on Download and find your template in the My Forms tab. Feel free to save the template to the device or print it out.

After downloading, it is possible to complete the North Carolina Lease Purchase Agreements Package manually or with the help of an editing software program. Print it out and reuse the template many times. Do more for less with US Legal Forms!

Lease Purchase Agreement Form popularity

Legal Help Contract Other Form Names

Purchase Option Contract   Purchase Lease Agreement   Lease Purchase Contract   North Carolina Purchase   Lease Agreement Purchaser   Purchase Lease Contract   Purchase Lease Option  

Legal Lease Service FAQ

You sign one of two types of agreements. You and the landlord set a purchase price. You pay an option fee. You decide how long the rental term will be. Maintenance roles will be defined. Your monthly payment covers rent and down payment savings. When the rental term nears its end, you apply for a mortgage.

The California Residential Lease Agreement-With Option to Purchase is a form used specifically for a purchase agreement that begins as landlord-tenant lease agreement.

Document everything in writing. Keep a written record of everything that is agreed on, and be careful to use the right terms in the agreement. Consult an attorney. Use separate agreements. Keep the term short. Take a security deposit. Pay like an owner. Factor in repair costs. Don't give large rent credits.

The Basic Structure of a Lease Purchase In a lease purchase contract, the buyer and seller agree to a lease period followed by sale of the property when the lease ends. This type of agreement combines both a lease and a purchase with the tenant/purchaser securing the option to purchase the house.

The Lease Must be in Writing It does not matter if the lease is handwritten or typed. If the lease is for more than one year, it must be in written form and contain the following terms.

A lease purchase agreement in real estate is a rent-to-own contract between a tenant and a landlord for the former to purchase the property at a later point in time. The renter pays the seller an option fee at an agreed-upon purchase price, giving them exclusive rights to buy the property.

Details to include: Tenant/Buyer: The name and address of the party who is leasing the property and obtaining the option to purchase. Property: The address and legal description of the property. Rent Payments: The amount of the monthly rent payments and any late fees.

Nc Lease Purchase Trusted and secure by over 3 million people of the world’s leading companies

North Carolina Lease Purchase Agreements Package