A Vermont lease-to-own agreement allows a tenant to purchase a rented dwelling during their lease term. The document records standard rental details like required monthly payments and a damage deposit. It also establishes the deposit needed to secure the option, the option term, and the purchase price should the lessee exercise the option to buy.
A Vermont lease-to-own agreement allows a tenant to purchase a rented dwelling during their lease term. The document records standard rental details like required monthly payments and a damage deposit. It also establishes the deposit needed to secure the option, the option term, and the purchase price should the lessee exercise the option to buy.
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