Common Contracts

Rent to own agreement malaysia sample

July 22nd, 2023

• Filed
  July 22nd, 2023

A Rent-to-Own Agreement, also known as lease-to-own, is a written document between the landlord or potential seller who owns the rental property and the tenant or potential buyer leasing the property. Table of Contents What is a Rent-to-Own Agreement? Rent-to-own agreements detail the arrangement between the landlord and tenant to lease the rental property while also granting the tenant the option to purchase the property before the end of the lease term. As a reference, a rent-to-own agreement is known by other names: Rent-to-Own Contract Lease Option Agreement Lease-to-Own Agreement Lease with the Option to Purchase Agreement Lease Purchase Contract Option to Purchase Agreement Contract-to-Deed Agreement Since a rent-to-own contract combines elements of a typical Lease Agreement (rental agreement) and a standard Real Estate Purchase Agreement, there are many details you need to include. Option to Purchase The tenant’s option to purchase comes at a price. Tenants who want to take adva