Get Wi Residential Lease Agreement (with Option To Purchase)_dsa

Filling out the WI Residential Lease Agreement (With Option To Purchase) online can seem daunting, but with clear, step-by-step guidance, you can navigate the process with ease. This document serves to formalize the rental process and outline options for purchasing the property, ensuring both parties understand their rights and responsibilities.

Follow the steps to successfully complete the agreement online.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Fill in the date at the top of the document where it states the date of the agreement. This is important for establishing the timeline of the lease.
3. In the next section, complete the names of the Seller/Landlord and the Buyer/Tenant. Ensure accurate details are entered to prevent any future disputes.
4. Specify the county and address of the property being rented. Make sure the information is precise and complete.
5. Proceed to the rent section. Input the annual rent amount and monthly payment. Clearly state the payment due date.
6. List any utilities or services to be provided by the Tenant and the Landlord in the specified sections. Be as detailed as possible.
7. Read through the Tenant's obligations carefully. Confirm your understanding of conditions related to the property condition, subletting, alterations, and other terms.
8. Enter the option term's start and end dates for the purchase option. This is crucial for the timelines involved in the agreement.
9. Fill in the details for the option consideration, including the non-refundable fee amount if applicable.
10. Complete the purchase price section by entering the total amount, noting any credits applicable for rent payments.
11. Review and understand the terms regarding remedies upon default, recording the agreement, and other legal clauses.
12. After filling in all necessary fields and ensuring accuracy, save your changes. You may also choose to download, print, or share the completed form as needed.

Complete your documents online for a seamless process.