US Legal Forms
Kentucky Lease Purchase Agreements Package

Lease Purchase Agreement

Name: Kentucky Lease Purchase Agreements Package
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.71 (303 reviews)

Category:

Kentucky Real Estate - Lease Purchase Packages

State:

Kentucky

Control #:

KY-P033-PKG

Format:

Instant download

Description

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!

View Other Landlord Tenant Forms

View this form

View Other Landlord Tenant Packages

View this form

How to fill out Kentucky Lease Purchase Agreements Package?

Searching for Kentucky Lease Purchase Agreements Package sample and filling out them can be a challenge. To save time, costs and effort, use US Legal Forms and choose the right example specially for your state in a couple of clicks. Our lawyers draw up all documents, so you just have to fill them out. It really is that simple.

Log in to your account and return to the form's web page and download the document. All of your saved templates are stored in My Forms and therefore are accessible always for further use later. If you haven’t subscribed yet, you should register.

Look at our thorough guidelines regarding how to get your Kentucky Lease Purchase Agreements Package template in a couple of minutes:

To get an entitled sample, check its validity for your state.
Have a look at the sample making use of the Preview function (if it’s offered).
If there's a description, read through it to learn the important points.
Click Buy Now if you found what you're searching for.
Pick your plan on the pricing page and make your account.
Choose you wish to pay by way of a card or by PayPal.
Download the form in the favored file format.

You can print the Kentucky Lease Purchase Agreements Package form or fill it out utilizing any online editor. Don’t concern yourself with making typos because your form can be utilized and sent, and printed as often as you wish. Try out US Legal Forms and access to more than 85,000 state-specific legal and tax documents.

Form Rating

4.71

Satisfied(303)

Form popularity

FAQ

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.

In a standard Lease-Purchase Contract, the two parties agree to a lease period during which rent is paid, and the terms of the sale at the end of the lease period, including sale price. Often, the contract is structured in two parts, one representing the lease term and the other a contract of sale.

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

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.

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 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.

Lease Purchase Agreement

Description

Related forms

How to fill out Kentucky Lease Purchase Agreements Package?

Show more info

Form Rating

Form popularity

FAQ

What should be included in a rent to own agreement?

How do you structure a lease purchase agreement?

How do I write a lease agreement?

What form is used in a lease purchase agreement?

What is a typical lease to purchase agreement?

How do you structure a lease to own deal?

Can I write my own lease agreement?

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

Lease Purchase Agreement

Description

Related forms

Related legal definitions

How to fill out Kentucky Lease Purchase Agreements Package?

Show more info

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