Prepare a Residential Lease Agreement with an Option to Purchase for a rental property in Oregon with this easy-to-use template.
The Lease Agreement contains the standard lease provisions, and includes a lead paint disclosure as required by federal law. The tenant is granted an option to purchase the property after a certain time has elapsed under the lease.
Provisions of the option to purchase include:
- determination of the portion of lease funds to be applied towards the purchase price,
- the steps by which the tenant can exercise the option to purchase,
- the expiration of the option if the tenant chooses not to purchase the property,
- agency relationships and brokerage fees,
- dispute resolution.
This
Oregon Residential Lease Agreement with Option to Purchase is available as a fully editable MS Word document.